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Alternatively, if someone wanted to protest, they could make as much money as they like, then just donate it to their cause to avoid taxes.
by Old_Thrashbarg 10y ago
Alternatively, if someone wanted to protest, they could make as much money as they like, then just donate it to their cause to avoid taxes.
- uncletammy 10y agoYou may deduct charitable contributions of money or property made to qualified organizations if you itemize your deductions. Generally, you may deduct up to 50 percent of your adjusted gross income, but 20 percent and 30 percent limitations apply in some cases. from https://www.irs.gov/charities-non-profits/charitable-organizations/charitable-contribution-deductions https://www.irs.gov/charities-non-profits/charitable-organiz...