My Account
Sign up, and you'll be able to customize your font size and more!
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Feb 26, 2024
11:55
:21
am
Sparkling Delirium
Political Junky
Giving more taxes is the least I can do. If anything, I want to pay more.
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
Sparkling Delirium
Bio page
Sparkling Delirium
Joined
May 7, 2015
Last login
Jan 4, 2025
Total posts
7,389 (21 FO)
Report problem with this ad
Messages
Author
Time
I'm a little surprised how few people take the charitable mileage deduction for
Skeptical Optimist
2/26/24 11:53am
Giving more taxes is the least I can do. If anything, I want to pay more.
Sparkling Delirium
2/26/24 11:55am
RE: Giving more taxes is the least I can do. If anything, I want to pay more.
cheezedawg
2/26/24 11:58am
You live 25 miles from the church building? Dang. But good reminder.
garyfan
2/26/24 11:57am
even if people calculated it most won't exceed the standard deductions anyway
Mayor of Cougartown
2/26/24 11:57am
I would assume that most active LDS Members itemize their deductions because
Skeptical Optimist
2/26/24 11:59am
Seriously, I've never taken the standard deduction in 25+ years of filing taxes. Tithing, property tax, state tax, and
Colorado
2/26/24 12:14pm
That was me until we paid off the house and retired. Kids are gone. Deductions
O Gaucho
2/26/24 1:01pm
I remember when my parents took the standard deduction for the first time in many decades. It happens.
cheezedawg
2/26/24 1:04pm
lol wut? I haven’t taken the standard deduction in decades.
cheezedawg
2/26/24 11:59am
awesome, but you're an outlier.
Mayor of Cougartown
2/26/24 12:02pm
Itemizing your deductions doesn’t make you a target for an audit. It’s way more common than you think.
cheezedawg
2/26/24 12:06pm
I'd run that by a tax accountant. I've very much heard the opposite including
Mayor of Cougartown
2/26/24 12:13pm
The biggest factor in who gets audited is income. Higher incomes are more likely to itemize, but the data doesn’t really
cheezedawg
2/26/24 12:18pm
Pfff not on this board
EQD2
2/26/24 12:14pm
In 2017 the standard deduction increased from $13K to $24K for Married FIling Jointly, and is currently at $27.7K, so
Clark Addison
2/26/24 12:08pm
I’m aware. It’s still around 15% of returns that itemize. Paying tithing gets you a good chunk of the way there.
cheezedawg
2/26/24 12:12pm
$10k for SALT taxes, mortgage interest, charitable contributions, and medical
Skeptical Optimist
2/26/24 12:14pm
Exactly.
Jeremy
2/26/24 12:33pm
The last time I tried to track this, I found I was wasting a lot of time trying to manage when/where/what.
Bob Vance
2/26/24 11:58am
I would feel very comfortable ball-parking this at the end of the year.
garyfan
2/26/24 12:00pm
As long as you have documentation to support it.
cheezedawg
2/26/24 12:05pm
Doesn’t seem that hard to count the trips to activities and special events. That will cover 90% of the miles it seems.
cheezedawg
2/26/24 12:01pm
Talked with an accountant about this. If you ever got audited, they likely will
AggieWeekendCougar
2/26/24 12:01pm
It’s dumb to let the IRS scare you away from claiming deductions that you are entitled to.
cheezedawg
2/26/24 12:04pm
or a stupid accountant
Incentivize
2/26/24 2:38pm
I would fire that accountant.
Skeptical Optimist
2/26/24 12:11pm
What do you think is adequate documentation? A word file you made at the end of
AggieWeekendCougar
2/26/24 12:15pm
The IRS tells us exactly what adequate documentation is.
Skeptical Optimist
2/26/24 12:55pm
Well, good luck to you (and I still question the 13,000 miles)
AggieWeekendCougar
2/26/24 1:43pm
Husband and wife driving independently to various things- 13k seems reasonable
cheezedawg
2/26/24 2:03pm
No, I came up with half of that using the sum total of what he explicitly listed
AggieWeekendCougar
2/26/24 2:14pm
Sunday's will usually have 1-2 trips to the church between stake meetings, ward
Skeptical Optimist
2/26/24 2:42pm
Again, if there is a personal benefit, you can't claim it. Mission prep? If you
AggieWeekendCougar
2/26/24 2:47pm
And that's why I would fire that accountant
Skeptical Optimist
2/26/24 2:56pm
The “personal benefit” that this accountant seems to be referring to is that you are required to subtract the monetary
cheezedawg
2/26/24 3:25pm
It's absurd, but Aggie is right. If you are driving somewhere to do some
garyfan
2/26/24 4:03pm
This seems easy. Mileage to Sunday services is not deductible because, as you point out, that is not mileage for charity
cheezedawg
2/26/24 5:48pm
That accountant sucks.
cheezedawg
2/26/24 3:11pm
This - doesn’t seem worth the potential audit headache
Swish
2/26/24 1:35pm
Take the deduction. Itemizing deductions including this one doesn’t even make this list of top 12 things that increase
cheezedawg
2/26/24 1:40pm
I would MUCH rather take the deduction and have it eventually be disallowed and
Skeptical Optimist
2/26/24 1:44pm
Good call. Trek and girls camp alone for us was almost 800 miles in a two week
Mexicougazul
2/26/24 12:02pm
I have a ton of church meetings... but live only 1.6 miles from the church building. 🙁
brj8
2/26/24 12:02pm
That was a long walk to humble brag you are in a bishopric.
Longseason
2/26/24 12:03pm
I did this for my service missionary daughter.
BPintheCouv
2/26/24 12:04pm
Sometimes you make too much money to get deductions
2FarGone
2/26/24 12:22pm
There is no income limit to charitable deductions
Skeptical Optimist
2/26/24 12:56pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad