• 0 Posts
  • 3 Comments
Joined 2 years ago
cake
Cake day: June 18th, 2023

help-circle

  • Yeah, it’s genuinely a problem when you just want to not see entire instances based on the userbase they culminate. I wish blocking instances would actually block the users associated with it, but alas.

    I’ve taken to blocking everyone @lemmy.ml on sight since every time I see them it’s some vitriolic rant about how trans people are class traitors or some other weird shit I don’t wanna see, but it is a bit of extra effort and annoyance each time a new one pops up.


  • On a personal level you can deduct it from your income, but only if it passes a certain threshold…but also, it doesn’t really count as income before a certain threshold, so realistically, at that quantity, it doesn’t matter.

    It starts mattering when you start dealing with donation quantities nearing like, $10000, because then you start to run into the standard deduction (the assumed amount that “well everyone just donates this amount, we don’t need to keep track of it all before then, we’ll just hand that exemption to everyone”). I forget what the gift threshold is in a similar vein, but it’s not as low as $100.

    Edit: I went through all that and didn’t really address the core of the question. If you get paid a large amount of money, say, $20,000 and then donate all of it, ignoring the standard deduction whackery as discussed above (as a corporation would effectively do), yes, your taxes will have you deduct all of the donation from your income (you will not have to count it as revenue, essentially) if the group is registered properly with the IRS. You do not reduce your tax burden further than you would have if you had not received the donation, you essentially get taxed as though you never got the money at all.