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Feb 21, 2018
6:54
:22
pm
joelvandyne
Starter
So what's your effective rate going to end up being with this tactic?
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joelvandyne
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joelvandyne
Joined
Jun 16, 2015
Last login
May 2, 2024
Total posts
24,315 (10,150 FO)
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Messages
Author
Time
Reporting back on paying 2017 double tithing (17+18). Holy Schmoly!!
Acorn
2/21/18 5:53pm
Nice, love hearing that.
Jeremy
2/21/18 6:03pm
We are getting a huge tax return this year as well Due to multiple factors.
cougaman
2/21/18 6:07pm
I tried to convince my wife but she is against it for religious reasons, even if
rcbyufan
2/21/18 6:08pm
Show her the donation in kind page on LDS.org.
Bert609
2/21/18 6:12pm
Yeah. I understand having an issue with delaying. I probably wouldn't feel great
rcbyufan
2/21/18 6:20pm
Here are quotes straight from the church:
Acorn
2/21/18 6:27pm
Yeah I've thought about that or paying in stock but just preparing cash just
rcbyufan
2/21/18 6:29pm
If you can save 10% of your income in an emergency fund
Acorn
2/21/18 6:22pm
Agreed. I need to run the numbers, I don't think my income level would warrant going through the effort
Bert609
2/21/18 9:39pm
What religion is she?
supertux
2/21/18 6:12pm
Shi'ite Mormon
rcbyufan
2/21/18 6:19pm
The proof is in the pudding. You save taxes. Paying the Lord
Acorn
2/21/18 6:15pm
To be fair, I only brought it up in passing and I wasn't in a great position
rcbyufan
2/21/18 6:27pm
That’s the spirit
DrKennethNoisewater
2/21/18 6:17pm
Church allows it and makes arrangements for it for wealthy people through donor advised funds. Tell her
CDV
2/21/18 6:18pm
Does that include donor directed funds?.
Cougar99
2/21/18 10:04pm
interesting. This would also work REALLY well with paying in stock.
Cougarclaw
2/21/18 6:27pm
I only pay with appreciated equities. But cash works just fine too.
Acorn
2/21/18 6:36pm
So what's your effective rate going to end up being with this tactic?
joelvandyne
2/21/18 6:54pm
Lower
Acorn
2/21/18 7:12pm
I saved a decent amount doubling up. worked pretty well.
yahtzee
2/22/18 11:26pm
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