interesting. This would also work REALLY well with paying in stock.

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Feb 21, 2018
6:27:13pm

Cougarclaw All-American

interesting. This would also work REALLY well with paying in stock.

because you get your 1 year holding period fairly easily.

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Cougarclaw

Previous username: BigWoodThunder
Bio page: Cougarclaw
Joined: Jun 22, 2011
Last login: Nov 23, 2024
Total posts: 62,499 (15,880 FO)

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Messages

Author

Time

Reporting back on paying 2017 double tithing (17+18). Holy Schmoly!!

Acorn

2/21/18 5:53pm

Nice, love hearing that.

Jeremy

2/21/18 6:03pm

We are getting a huge tax return this year as well Due to multiple factors.

cougaman

2/21/18 6:07pm

I tried to convince my wife but she is against it for religious reasons, even if

rcbyufan

2/21/18 6:08pm

Show her the donation in kind page on LDS.org.

Bert609

2/21/18 6:12pm

Yeah. I understand having an issue with delaying. I probably wouldn't feel great

rcbyufan

2/21/18 6:20pm

Here are quotes straight from the church:

Acorn

2/21/18 6:27pm

Yeah I've thought about that or paying in stock but just preparing cash just

rcbyufan

2/21/18 6:29pm

If you can save 10% of your income in an emergency fund

Acorn

2/21/18 6:22pm

Agreed. I need to run the numbers, I don't think my income level would warrant going through the effort

Bert609

2/21/18 9:39pm

What religion is she?

supertux

2/21/18 6:12pm

Shi'ite Mormon

rcbyufan

2/21/18 6:19pm

The proof is in the pudding. You save taxes. Paying the Lord

Acorn

2/21/18 6:15pm

To be fair, I only brought it up in passing and I wasn't in a great position

rcbyufan

2/21/18 6:27pm

That’s the spirit

DrKennethNoisewater

2/21/18 6:17pm

Church allows it and makes arrangements for it for wealthy people through donor advised funds. Tell her

CDV

2/21/18 6:18pm

Does that include donor directed funds?.

Cougar99

2/21/18 10:04pm

interesting. This would also work REALLY well with paying in stock.

Cougarclaw

2/21/18 6:27pm

I only pay with appreciated equities. But cash works just fine too.

Acorn

2/21/18 6:36pm

So what's your effective rate going to end up being with this tactic?

joelvandyne

2/21/18 6:54pm

Lower

Acorn

2/21/18 7:12pm

I saved a decent amount doubling up. worked pretty well.

yahtzee

2/22/18 11:26pm

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