SaltyCajun.com

SaltyCajun.com (http://www.saltycajun.com/forum/index.php)
-   General Discussion (Everything Else) (http://www.saltycajun.com/forum/forumdisplay.php?f=2)
-   -   Taxes (http://www.saltycajun.com/forum/showthread.php?t=27779)

scott craft 02-04-2012 01:05 AM

Quote:

Originally Posted by fishinpox (Post 387880)
If I'm not mistaken there is a cap on charitable contributions that u can write off

Yes there is, not sure what it is off-hand. It definitely helps on the taxes though.

sears 02-04-2012 01:29 AM

I filed on 16th, got fed last Friday and state this Friday

Sent from my ADR6300 using Tapatalk

swamp snorkler 02-04-2012 10:29 AM

Quote:

Originally Posted by fishinpox (Post 387880)
If I'm not mistaken there is a cap on charitable contributions that u can write off

Didn't Mitt Romney write off over $1,000,000 he gave to the Mormon Church?

fishinpox 02-04-2012 10:52 AM

Quote:

Originally Posted by swamp snorkler (Post 387970)
Didn't Mitt Romney write off over $1,000,000 he gave to the Mormon Church?

Idk I was wondering the same thing , I just remember I was gonna get hammered last year in taxes and I asked my account n he said there was a cap

fishinpox 02-04-2012 10:53 AM

Ask chicken that's what he does for a living

Gerald 02-04-2012 02:51 PM

Retire and don't make a lot of money........

Then you don't have to give any to Obama or support the under-employed.

scott craft 02-04-2012 02:52 PM

It's different for cash versus donating clothes and such to a charity. I know there is a limit on donated goods you can claim, but I don't know if money has a limit.

Sent from my Windows7 Phone using Board Express

PUREBAY2200 02-04-2012 04:32 PM

Re
 
Quote:

Originally Posted by Gerald (Post 388054)
Retire and don't make a lot of money........

Then you don't have to give any to Obama or support the under-employed.

Or have less taxable income in retirement;)

"W" 02-04-2012 07:21 PM

Hell I havnt got all my 1099 yet....

fishinpox 02-04-2012 07:38 PM

Quote:

Originally Posted by "W" (Post 388106)
Hell I havnt got all my 1099 yet....

I wish I didn't get any yet. Regardless I always report the earnings even if I don't receive a 1099 for the job

southern151 02-04-2012 07:48 PM

I'll be reporting more than what I've received so far. I don't want "them" after me ever again! Once was plenty!!!

fishinpox 02-04-2012 07:55 PM

Quote:

Originally Posted by southern151 (Post 388123)
I'll be reporting more than what I've received so far. I don't want "them" after me ever again! Once was plenty!!!

I wouldn't do give em more than I need to

southern151 02-04-2012 08:57 PM

Quote:

Originally Posted by fishinpox (Post 388124)
I wouldn't do give em more than I need to

If it hits the bank, I'll claim it...

Salty 02-04-2012 09:15 PM

Quote:

Originally Posted by southern151 (Post 388140)
If it hits the bank, I'll claim it...

A nice % of mine never hit the bank...for that reason. :)

fishinpox 02-04-2012 09:32 PM

Quote:

Originally Posted by Salty (Post 388144)
A nice % of mine never hit the bank...for that reason. :)

:)

southern151 02-05-2012 06:58 AM

Quote:

Originally Posted by Salty (Post 388144)
A nice % of mine never hit the bank...for that reason. :)

I have NO idea of what you are talkin about...

Salty 02-05-2012 12:16 PM

Quote:

Originally Posted by southern151 (Post 388221)
I have NO idea of what you are talkin about...

Good boy. ;)

ckinchen 02-05-2012 04:44 PM

The limit is generally 50% of your AGI (adjusted gross income on your tax return) except for certain rare exceptions in which a 30% or 20% limit may apply. Excess contributions maybe carried forward to future tax years.

"W" 02-05-2012 05:37 PM

Quote:

Originally Posted by ckinchen (Post 388357)
The limit is generally 50% of your AGI (adjusted gross income on your tax return) except for certain rare exceptions in which a 30% or 20% limit may apply. Excess contributions maybe carried forward to future tax years.

Chicken what is the % you have to pay on Capital Gains

adamsfence 02-05-2012 05:37 PM

i still got a two months don't wont to talk about it till then i get depressed


All times are GMT -5. The time now is 09:57 AM.

Powered by vBulletin®
Copyright ©2000 - [ARG:3 UNDEFINED], Jelsoft Enterprises Ltd.
vB.Sponsors
All content, images, designs, and logos are Copyright © 2009-2012,
Salty Cajun, LLC
No unathorized use is permitted