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(CNBC)   You probably know by now that charitable deductions are tax-deductible. But how about the cost of caring for your pet? Or your kid's clarinet lessons?   (cnbc.com) divider line
    More: News, Taxation in the United States, tax-deductible, U.S. Tax Court, tax returns, charitable deductions, select cases, case of Cynthia S. Hess, cost of caring  
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880 clicks; posted to Business » on 08 Mar 2019 at 7:20 AM (12 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



8 Comments     (+0 »)
 
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2019-03-08 07:31:26 AM  
I'd be curious to see how with the new tax laws if charitable donations go down.

lets see how christian this country really is.
 
2019-03-08 08:12:28 AM  

You Are All Sheep: I'd be curious to see how with the new tax laws if charitable donations go down.

lets see how christian this country really is.


We didn't see a dip in donations but pledges were due in December before people did their taxes.
 
2019-03-08 08:12:56 AM  
Yeah, it's all deductible, but with the standard deduction so high, I didn't bother to itemize any of it this year.
 
2019-03-08 08:15:54 AM  
What about my pet's clarinet lessons?
 
2019-03-08 08:23:35 AM  

You Are All Sheep: I'd be curious to see how with the new tax laws if charitable donations go down.

lets see how christian this country really is.


Something like this, I believe.

img.fark.netView Full Size
 
2019-03-08 08:45:22 AM  

Evil Twin Skippy: What about my pet's clarinet lessons?


what about the time I volunteer or donate giving skin flute lessons?
 
2019-03-08 09:03:11 AM  

You Are All Sheep: I'd be curious to see how with the new tax laws if charitable donations go down.

lets see how christian this country really is.


We gave 2X what we normally give to charity in 2017 and none last year.  We still donate clothes and stuff to the salvation army and it is nice not to worry about the tax form.
 
2019-03-08 10:14:42 AM  
Only deductible if you do itemized deductions instead of standard.  Since the Ryan tax reform, standard deduction went up and state/local deduction was removed, so many many people will no longer do itemized deduction, so that charitable giving is now truly that - just giving, with no return.
 
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