Jan 27, 2019
10:07:17am
10:07:17am
I like the DAF, because I can pay in advance without guessing
whether it is a DIK or cash, but I agree to your Donation in Kind comment. DIK's are about the only place in the tax code where you get your cake and eat it too...
What I mean by guessing is last July, I didn't really know what I was going to earn in 2019 and 2020 (and still don't), but I made the DIK, took the profits, took the tax deduction, (that will save me a lot in taxes over the three year period on top of the DIK benefit) and the next two years I pay the tithing I need to.
What I mean by guessing is last July, I didn't really know what I was going to earn in 2019 and 2020 (and still don't), but I made the DIK, took the profits, took the tax deduction, (that will save me a lot in taxes over the three year period on top of the DIK benefit) and the next two years I pay the tithing I need to.
Originally posted on Jan 27, 2019 at 10:07:17am
Message modified by Acorn on Jan 27, 2019 at 10:09:20am
Message modified by Acorn on Jan 27, 2019 at 10:09:34am
Message modified by Acorn on Jan 27, 2019 at 10:09:53am
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- Acorn
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