Aguilar Shea
@cdbrazil5 active 9 months, 3 weeks ago
Let’s also say that iaa vehicle donation is $11,215. If they deduct the entire $11,215 interest from their $100,000 income, their taxable income is $81,670, not $100,000. Note, they deduct the interest off their taxable income, not off their owed taxes. That’s why the savings is not dollar-for-dollar.
When the Rebbe spoke of these […] View
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Aguilar Shea posted an update 9 months, 3 weeks ago
Let’s also say that iaa vehicle donation is $11,215. If they deduct the entire $11,215 interest from their $100,000 income, their taxable income is $81,670, not $100,000. Note, they deduct the interest off their taxable income, not off their owed taxes. That’s why the savings is not dollar-for-dollar.
When the Rebbe spoke of these matters…[Read more]
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Aguilar Shea became a registered member 9 months, 3 weeks ago
