Rid the nation of the IRS.  It can be done among intelligent people, but . . . .

you shouldn't be advising people to take charitable donation deductions without a receipt to show for it. it absolutely can backfire on you. it happened to one of my parents and they had to repay $3000. Now they make sure there is a paper trail.

The 10 things listed are all well and good.  However, with a couple of exceptions, they must be taken as itemized deductions.  I expect the vast majority of us use the standard deduction because it is more than all our itemized deductions combined.  They sound good, though, if you don't know the difference.

 

Income adjustments and tax credits are always good because they either reduce your adjust gross income or the total amount of taxes owed, and they are not itemized deductions.

I have a great issue. I am driving 2400 miles a month to work. … but I cannot find a way to deduct or save in taxes. Now the situation is bad as my wife is without work for a Year. I did have to get a cash loan from my 401k to pay for my mortgage and now I do have to paid to IRS more than $10’000.00 in taxes.

·         One working

·         Wife without work for a year

·         $10’000 in taxes

·         Cash Loan for the house is gone

·         Unable to refinance the house from 0.8% to 0.4% because the estimated price of the house is $49’000 when Mortgage is still $73’000.00

Do somebody has an extra gun? … or a better advise.

to Beach Boy Bob,  Nice Talk .Grow Up.  You hate the government It gives you the freedom to say so. You should move to Iran with them do-do's. You probably find all the welfare programs you can to live on a free ride. Go join the radicals.

You can keep track of the clothing deductions all year on turbo tax. i honstley gave about $5,000 dollars worth of items out of my garage this year we have two boys my husband and myself, we kept saying we'll have a yard sale but the stuff kept piling up so i took it all to the good will they where happy to see all of the wonderful things we brought. Good luck Guys!

"Starting with 2007 returns, the law has required a receipt or some sort of written confirmation for all charitable donations. Feel lucky? Play the audit lottery. You're still an honest person."

WTH?  I'm a CPA and I prepare hundreds of tax returns every year.  Don't do what this guy says.  He's a detriment to your well being.  Trust me.

If you take the stranded deduction with out any receipts, Chances are you will never get audited ,
I know this to be true.

People who work all the angles so they don't have to pay ANY taxes, (whether out of "idealistic" refusal or plain greed) are NOT helping the country. We do have an infrastructure to keep up, and citizen safety to consider, among MANY other services that these same people still take advantage of. Everyone who CAN afford to pay taxes SHOULD pay taxes

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