3 ms·
Someone struck the lottery and donated a ton to worthy causes. That is generous, full stop. If the government was concerned about this they wouldn't allow chari
by jonknee 8y ago
Someone struck the lottery and donated a ton to worthy causes. That is generous, full stop. If the government was concerned about this they wouldn't allow charitable donations to be deducted.
And since you seem so concerned, you can't donate your way out of paying taxes because your total charitable deduction can’t exceed 50% of your adjusted gross income.