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re: Good Will Donation - Tax Deduction
Posted on 11/18/14 at 10:23 am to LSUFanHouston
Posted on 11/18/14 at 10:23 am to LSUFanHouston
quote:
Now, I agree with you, but, a lot of people will say they already "get" that deduction because if they were forced to itemize, even with what they give, they would still come out worse.
I hear ya, but I'm still holding out hope for it as a line item for non-itemizers. The stuff that gets preference on the standard form (tax credits for adoption, education, etc) is biased toward the young....while the bulk of modest-to-middling giving comes from mid-age & older Americans. Why not throw the old church ladies & do gooders a bone? They raised their kids, went to school, saved for retirement...now let 'em see a modest tax advantage for their donations.
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