Maximizing my tax return !

Discussion in 'Off-Topic Lounge' started by Jean-SEbastien Lentz, Jan 21, 2017.

  1. Jean-SEbastien Lentz

    Jean-SEbastien Lentz

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    Last year I worked on a 1099, got $76.13 income, in the meantime I gave $89.57 to charitable donations. If the charitable donations are tax deductible, will I get a tax return?
     
    Jean-SEbastien Lentz, Jan 21, 2017
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  2. Jean-SEbastien Lentz

    pndaccountants

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    A tax deduction lowers your taxable income and is equal to the percentage of your marginal tax bracket. It may increase your refund and can reduce the amount of tax that you owe. Just make sure you're eligible to claim it before you mark your income tax return...
     
    pndaccountants, Apr 3, 2017
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