| Discussion Forum: Thread 335033 |
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| | | Author: | spacemonk32  | | Posted: | Feb 17, 2023 11:32 | | Subject: | Help available | | Viewed: | 100 times | | Topic: | Taxes | |
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| I just reopened my store after being closed while studying for my CPA. If you
are in the US and would like help filing your return I would be ok with a store
credit trade.
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| | | | | Author: | molten.brick | | Posted: | Feb 17, 2023 12:44 | | Subject: | Re: Help available | | Viewed: | 29 times | | Topic: | Taxes | |
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| If I donated toys to a charitable institution, and obtained a receipt for said
donation. What percentage of that amount could I then recoup in my next tax return?
In Taxes, spacemonk32 writes:
| | I just reopened my store after being closed while studying for my CPA. If you
are in the US and would like help filing your return I would be ok with a store
credit trade.
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| | | | | | | Author: | spacemonk32 | | Posted: | Feb 17, 2023 13:48 | | Subject: | Re: Help available | | Viewed: | 34 times | | Topic: | Taxes | |
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| In Taxes, molten.brick writes:
| | If I donated toys to a charitable institution, and obtained a receipt for said
donation. What percentage of that amount could I then recoup in my next tax return?
In Taxes, spacemonk32 writes:
| | I just reopened my store after being closed while studying for my CPA. If you
are in the US and would like help filing your return I would be ok with a store
credit trade.
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So sorry, I probably should have specified I work in US Tax only. I forget how
global this community can be. For US taxes you can generally take a 50% deduction
of your income for non cash donations. After the income limit you can use a carryforward.
That rule changes if your filing under a corp or partnership return.
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| | | | | Author: | qwertyboy | | Posted: | Feb 17, 2023 13:23 | | Subject: | Re: Help available | | Viewed: | 34 times | | Topic: | Taxes | |
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| In Taxes, spacemonk32 writes:
| | I just reopened my store after being closed while studying for my CPA. If you
are in the US and would like help filing your return I would be ok with a store
credit trade.
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While I appreciate the thought behind the offer and I don't want to rain
on your parade, but taking tax advice from an unknown Internet user and use it
to file your returns would be a bad idea. Same goes for medical advice, legal
advice etc.
And to be even more cynical, you said you studied for your CPA, but you didn't
mention you actually finished your studies with a certification status (not that
it matters in this context).
Anyways, congrats (if you graduated) and Happy Friday!
Niek.
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| | | | | | | Author: | spacemonk32 | | Posted: | Feb 17, 2023 13:42 | | Subject: | Re: Help available | | Viewed: | 36 times | | Topic: | Taxes | |
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| In Taxes, qwertyboy writes:
| | In Taxes, spacemonk32 writes:
| | I just reopened my store after being closed while studying for my CPA. If you
are in the US and would like help filing your return I would be ok with a store
credit trade.
|
While I appreciate the thought behind the offer and I don't want to rain
on your parade, but taking tax advice from an unknown Internet user and use it
to file your returns would be a bad idea. Same goes for medical advice, legal
advice etc.
And to be even more cynical, you said you studied for your CPA, but you didn't
mention you actually finished your studies with a certification status (not that
it matters in this context).
Anyways, congrats (if you graduated) and Happy Friday!
Niek.
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No worries, My credentials and registration with the IRS are available if requested.
I would always suggest you do your research when looking for tax advice. I know
this stuff can get overwhelming and expensive so I just wanted to offer help
my fellow Lego enthusiast. Happy Friday to you as well, although I wont really
be getting a weekend off until after tax season is done.
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USA, Missouri
Australia, Tasmania
Canada, Alberta