yup, the standard deduction sucks. don’t use it. and you don’t actually need to donate much of anything. all you need are receipts and maybe photos. just don’t go over 10k.
Seeing as how donactions are only a deduction from your taxable income, 10k won’t get you to not paying taxes unless you make like 20 or 30k or something. And I gotta think thier system will flag that, probably just assuming it was a typo.
Yeah, it’s not really worth it for low income. And tax preparers don’t even accept receipts from certain organizations anymore because this organizations hand out blank receipts and tell the donors to fill them out, which led to rampant and blatant abuse.
fictional charitable donations are just one idea, but there are many others.
Oh, guess that doesn’t work for standard deduction/low income. At any rate, I’d probably just donate to known, reputable charities, and/or not deduct.
yup, the standard deduction sucks. don’t use it. and you don’t actually need to donate much of anything. all you need are receipts and maybe photos. just don’t go over 10k.
Seeing as how donactions are only a deduction from your taxable income, 10k won’t get you to not paying taxes unless you make like 20 or 30k or something. And I gotta think thier system will flag that, probably just assuming it was a typo.
Yeah, it’s not really worth it for low income. And tax preparers don’t even accept receipts from certain organizations anymore because this organizations hand out blank receipts and tell the donors to fill them out, which led to rampant and blatant abuse.