There is again a special provision this year to deduct donations up to $300 single/$600 married even if you don't itemize. By taking advantage of it, you can either make your TM donation hurt less...
Type: Posts; User: LikeMothers
There is again a special provision this year to deduct donations up to $300 single/$600 married even if you don't itemize. By taking advantage of it, you can either make your TM donation hurt less...
For those of you who take the standard deduction, the CARES Act lets you write off up to $300 of your TeamMakers donation in 2020 even though you're not itemizing.
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The more you spend the more you save!
With money basically free right now, you're probably right.
You get an additional point for each consecutive year, too.
I shouldn't have written "not be able to deduct". I meant fewer people will be itemizing because of the higher standard deduction. I could deduct them, but would be a fool to itemize when the...
There was a little bit of discussion earlier in the thread but I wonder how much the increase in standard deduction will affect donations. For many people, their donation will now be coming out of...
It will show "Eligible for AmazonSmile Donation" a few lines below the price.
https://smile.amazon.com/PlayStation-4-Slim-1TB-Console/dp/B071CV8CG2/
A note / reminder:
Use smile.amazon.com to have a portion of your purchase amount go to Team Makers. Select "Team Makers Club" right under the search field.
Just move to Minnesota and let the state income tax, wheelage tax, and property tax push you out of the standard deduction. Problem solved!