94% of Americans do not itemize deductions

Sign up, and you'll be able to vote in polls. Sign up

Report problem with this ad

Dec 8, 2022
8:21:02pm

El Paso Coug All-American

94% of Americans do not itemize deductions

Donations to charity provide no income tax benefit for almost all Americans.

Report problem with this ad

El Paso Coug

Bio page: El Paso Coug
Joined: Dec 29, 2002
Last login: Jun 7, 2024
Total posts: 8,519 (26 FO)

Report problem with this ad

Messages

Author

Time

Go ahead and donate to charity at cash registers. The business gets no cash or tax advantage out of it

TCuz Disgraced Rules President

12/8/22 7:59pm

I don’t donate because I don’t like orphans. Can’t debunk that.

DieHarder

12/8/22 8:01pm

RE: I don’t donate because I don’t like orphans. Can’t debunk

kcca

12/8/22 8:03pm

You still can't deduct it for yourself. Why not make a donation you control?

12/8/22 8:03pm

What? Of course you can deduct it yourself.

TCuz

12/8/22 8:05pm

But I'm not going to keep a bunch of receipts where they rounded up 70 cents.

12/8/22 8:09pm

Of course not. Nor would you if you randomly donated 70¢ to a charity right now. The exact same.

TCuz

12/8/22 8:12pm

For cash donations under $250, you do not need a contemporaneous written

BYU-Ite

12/8/22 9:19pm

94% of Americans do not itemize deductions

12/8/22 8:21pm

Point of clarification- even if you didn’t itemize in 2020 and 2021, you could

BYU-Ite

12/8/22 9:15pm

Correct--line 10(b)

12/8/22 10:15pm

<< Deleted >>

12/8/22 8:25pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad