monkjerry@sh.itjust.works to Comic Strips@lemmy.world · 10 months agoWould you like to donate a dollar to...?sh.itjust.worksimagemessage-square100fedilinkarrow-up11.38Karrow-down143
arrow-up11.34Karrow-down1imageWould you like to donate a dollar to...?sh.itjust.worksmonkjerry@sh.itjust.works to Comic Strips@lemmy.world · 10 months agomessage-square100fedilink
minus-squarereflectedodds@lemmy.worldlinkfedilinkarrow-up3arrow-down1·10 months agoYea I guess I was thinking something like this I earned $100,000 revenue You give me $20,000 donation I make a $20,000 donation I report on taxes I earned $100,000 and donated $20,000, so my taxable income is $80,000 because I wrote off a donation you gave me. I would have to include the donation either in my earnings or report it some other way.
Yea I guess I was thinking something like this
I would have to include the donation either in my earnings or report it some other way.