Comment on Don't we all hate this

• CompactFlax@discuss.tchncs.de ⁨1⁩ ⁨day⁩ ago

  Assuming the business is following the law, it will not include your donation as part of its business receipts, or income, nor will it claim the charitable gift as an expense. 

  In other words, your gift has zero impact on the store’s income taxes. Keep in mind that the store chooses the receiving charity, so make sure it is one you can support. As a customer, the donation will appear on your receipt and you can claim it as a charitable deduction when you file your income tax return.

  taxpolicycenter.org/…/who-gets-tax-benefit-those-…

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  • frog@feddit.uk ⁨1⁩ ⁨day⁩ ago

    The receipt thing is a lifeprotip. I didn’t know that.

    I always donate directly to organizations because I didn’t think I could get taxes back on it if you donate in a store.

    Thank you.

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    • CompactFlax@discuss.tchncs.de ⁨1⁩ ⁨day⁩ ago

      IANAL! Double check.

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      • LemmyKnowsBest@lemmy.world ⁨1⁩ ⁨day⁩ ago

        I prefer “NSA” to “IANAL” because"No soy abogado" means “I’m not a lawyer” in spanish, which is nice because then we don’t have to inadvertently think OP just told everyone he engages in anal sex every time we see the acronym.

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• ParlimentOfDoom@piefed.zip ⁨1⁩ ⁨day⁩ ago

  False. This is an oft repeated myth.

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• daychilde@lemmy.world ⁨1⁩ ⁨day⁩ ago

  Bring the proof. Because it’s a myth.

  www.usatoday.com/story/news/…/7622379002/

  So, let’s see your documentation please.

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