Also known as Cardiac Catheter Ablation Catheter ablation is a procedure that uses energy to make small scars in your heart tissue to prevent abnormal electrical signals from moving through your heart.
However, for any tax year, all current-year contributions are deducted first. The second 50% limitation refers to gifts (other than capital gain property) to certain types of charitable organizations (50% charities) that are considered first in computing the overall 50% limit.
However, taxpayers willing to limit their deduction to the tax basis of the property can elect to use the 50% limitation rather than the special 30% limitation for capital gain property contributed to a 50% charity (Sec. 170(b)(1)(C)(iii)). The election, once made, is irrevocable ( Woodbury , 900 F.2d 1457 (10th Cir.