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1890. That time of year

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I can’t donate…YouTubeTV is going up $10 per month. Winking
 
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I'm sorry I do not make any political posts on this forum because it's in my nature to follow board rules at all times.
so I would'nt say anything like NU football needs to cut spending on porkbarrel welfare sports
 
I know it’s a fund drive but you can donate at anytime..

I need to do it for a tax right off..
Ummmm....you only get about 20 cents on the dollar. Make a political contribution that you can't deduct and it might get you tax free tax credits for a wind tower or carbon pipeline....
 
Ummmm....you only get about 20 cents on the dollar. Make a political contribution that you can't deduct and it might get you tax free tax credits for a wind tower or carbon pipeline....
I'd rather just donate a monetary gift to my kids and grandkids to take it off my taxes.
At 17K a pop you can lower your tax liability in a hurry.
 
I'd rather just donate a monetary gift to my kids and grandkids to take it off my taxes.
At 17K a pop you can lower your tax liability in a hurry.
Well I am no tax guy....but I am surprised to hear that the 18k gift (2024 reporting threshold) would be tax deductable? If so, my parents have been doing it wrong for sure.
 
Well I am no tax guy....but I am surprised to hear that the 18k gift (2024 reporting threshold) would be tax deductable? If so, my parents have been doing it wrong for sure.
IRS can come still come back for the gift money before 5 years if needed..
After 5 years on every year after you’d be okay..
 
IRS can come still come back for the gift money before 5 years if needed..
After 5 years on every year after you’d be okay..
Oh yeah that part I know....but saying a gift of 18k tax deductible seems....not true.

But maybe somebody knows something that I don't - few things in life are truly worth the money you pay but a tax advisor you trust would be one of them.

For some reason, when I typed this I thought of Saul Goodman in Breaking Bad...."When the going gets tough, you don't want a criminal lawyer. You want a CRIMINAL lawyer"
 
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Oh yeah that part I know....but saying a gift of 18k tax deductible seems....not true.

But maybe somebody knows something that I don't - few things in life are truly worth the money you pay but a tax advisor you trust would be one of them.

For some reason, when I typed this I thought of Saul Goodman in Breaking Bad...."When the going gets tough, you don't want a criminal lawyer. You want a CRIMINAL lawyer"
According to the IRS the gifting of crypto is not a taxable event, nor is moving it from one wallet to another.

Everyone does things a little different and what works for one may not work for all.
 
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