Maximizing my tax return !

Joined
Jan 21, 2017
Messages
1
Reaction score
0
Country
United States
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?
 
Joined
Nov 7, 2014
Messages
41
Reaction score
3
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...
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,629
Messages
27,577
Members
21,385
Latest member
faisal

Latest Threads

Top