1890. That time of year
- Thread starter HBK4life
- Start date
Elon has four times the money Buffett has. Let that sink in. There's a reason that he can give $1 million to anybody he wishes for whatever he wants them to do.
Last time I donated, I'm pretty sure the money was funneled straight to Erik Gilbert.
I didn't realize that it wasn't a dollar for dollar deduction. So to clarify, what's the deduction for giving money to an athletic slush fund as opposed to donating to a politician or PAC?
I believe the gift limit to an individual is up to $18,000 a year. If it's a gift, your kids may have to report it on their taxes (not sure) but it won't count as income. And it's highly unlikely that the IRS would ever look into it or penalize anyone unless it gets into millions a year.
No, donations to a political candidate, political party, or political action committee (PAC) are not tax-deductible under U.S. tax law. The IRS explicitly prohibits deducting contributions made for political purposes, even if the donation is intended to support policies or issues you care about.
Key Points:
- Non-Deductible Contributions:
- Donations to political candidates, campaigns, or organizations, including:
- Political parties (e.g., Democratic, Republican).
- Political action committees (PACs) or Super PACs.
- Individual political candidates' campaigns.
- Examples include money given directly to campaigns, purchasing tickets to fundraisers, or paying for political ads.
- Donations to political candidates, campaigns, or organizations, including:
- Deductible Donations:
- Donations to 501(c)(3) nonprofit organizations that focus on education, public service, or advocacy of non-political issues may be tax-deductible. These organizations cannot endorse or campaign for candidates.
- Example: Contributions to nonpartisan groups like charities or educational organizations.
- Why Political Donations Aren't Deductible:
- The U.S. tax system aims to keep political influence separate from tax benefits to avoid subsidizing political activity through tax breaks.
I have just varied with the IRS that all monetary gifts to me are not taxed.
Please DM me for gifting instructions.
Thank you and God bless America! 🇺🇸
Please DM me for gifting instructions.
Thank you and God bless America! 🇺🇸
I will leave that to you guys on the “Premium” board since you are a “Gold Member”.
I am just a common fan trying to make it by day by day.
Save the 120 a year "Insider" board fees and donate to 1890. 👈
You
Don't make degrading coments when you haven't done jack shit
You can still donate to the HUSKER athletic fund, which I plan on doing Monday for my birthday..
Every time I get my CCs paid off I try to. Christmas time I try to be more generous. GBR!!
I purchased tickets and attended the Colorado and Illinois football games. I spent money on concessions. I also attended a volleyball match on one of the trips and purchased concessions. I paid for parking for the football/volleyball match. I bought Nebraska officially licensed clothing while on one of the trips.
I have an online streaming service that has the Big 10 Network which benefits Nebraska when they receive their yearly distribution.
I purchased tickets for the Cincinnati game in KC which Nebraska will share in the revenue.
Do not tell me that I do not contribute to the welfare of the Nebraska athletic department.
And your bashing other Husker fan's for trying to make Nebraska football better by donating money that actually make the team better.
How ironic 😒
Where was I bashing Husker fans for donating to the collective?
I deleted my fake George Bush post because it was a joke because many are complaining about YTTV going up $10 per month and some could read that the wrong way. Yes, I will also have to pay the $10 increase beginning next year and not thrilled about it since we just recently signed up.
I was mentioning that amount of money in the first tweet might get a backup offensive tackle. I never said it was a small amount or fans should donate more. You tried to read way more into my comment than was there.
The NIL era is ridiculous and needs some guardrails and quick.
Let’s end it here and move on.
Yes but you probably by coffee or pop and or beer. If every Husker gave up a couple coffees a month that would be the difference. For as badly as Husker fan wants to not suck it seems like a no brainer.
85,000 Husker fans at one home game. If each donates 100 bucks that's 8.5 million right there to buy some talent.
