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why does it matter? tax deductible donations still cost you. you get some tax credit on your expense but not 100% (depends on your income tax rate which can be
by lubos 16y ago
why does it matter? tax deductible donations still cost you. you get some tax credit on your expense but not 100% (depends on your income tax rate which can be anywhere between 0-50%)
- 8ig8 16y agoI was thinking more in terms of that $5k anonymous buyer. The value of the apps aren't even close to that amount. The buyer is not getting any advertising benefit since they are anonymous. So the one benefit would be a tax credit due to the donation, but in this case there is no benefit there either. BTW, I'm not trying to criticize the Humble Bundle folks in any way. I was really just considering the aspects of that large contribution.
- ct 16y agoMaybe the buyer wasn't looking to gain anything (gasp! someone that does something selflessly), and just wanted to support the website, concept, and/or developers to continue on.