For some last minute gift ideas.
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9 comments
Feel free to reply to any comment by clicking the "Reply" button.Jokes on you, they get the tax credit!
TheGreatShadow
Level 9
Dec 17, 2018
2
Lol... But getting the rise out of them would be worth its weight in gold.
@KingofHarts Most don't have enough to itemize, and I really don't care, plus most are too cheap to find an accountant that will know to ask that question. And I still get to hear them try to figure out who did such a despicable thing. Totally worth it.
@glennlab Probably so. But if you are a business owner, you tend to keep recipts. I once itemized $0.70 for bolts for equipment repair!
@TheGreatShadow The accountant in me is going to correct you, you expensed an item for income, charitable deductions can only be taken on schedule A from income. I expense every penny of items from my business income every year, but I have not been able to itemize since 2003 when I paid off my house.
@glennlab I file a Schedue C and a Schedule F.
@TheGreatShadow I sold my farm almost 20 years ago, so i no longer do an F, but I still have 2- Cs, to mess with. Thankfully 90% of my income is now non taxable so I don't sweat it as much.
@glennlab I wouldn't have sold. You can always get someone to cash rent. Still file a F.
LOL. Here is how to do it: [weareplannedparenthood.org]
KingofHarts
Level 7
Dec 17, 2018
5
Woohoo... I'll donate one dollar for every pro dummy on site lol
Cutiebeauty
Level 9
Dec 17, 2018
3
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