monkjerry@sh.itjust.works to Comic Strips@lemmy.world · 1 year agoWould you like to donate a dollar to...?sh.itjust.worksimagemessage-square96fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1imageWould you like to donate a dollar to...?sh.itjust.worksmonkjerry@sh.itjust.works to Comic Strips@lemmy.world · 1 year agomessage-square96fedilink
minus-squarereflectedodds@lemmy.worldlinkfedilinkarrow-up0·1 year agoYea I guess I was thinking something like this I earned $100,000 revenue You give me $20,000 donation I make a $20,000 donation I report on taxes I earned $100,000 and donated $20,000, so my taxable income is $80,000 because I wrote off a donation you gave me. I would have to include the donation either in my earnings or report it some other way.
Yea I guess I was thinking something like this
I would have to include the donation either in my earnings or report it some other way.