Zany
Lv 5
Zany asked in Business & FinancePersonal Finance · 2 months ago

A lot of people tithe 10% of their income to Religion. Without the tax write off wouldn't it be 5%, or 2%; give at the plate and exaggerate?

3 Answers

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  • 2 months ago
    Favorite Answer

    The federal tax write-off rules have changed radically over the last decade, and they are extremely hard to claim.  So this is usually a moot issue nowadays.

  • 2 months ago

    If you give cash, the deduction is only 50%, up to $250 deduction ($500 donation).

    If you want to tithe 10%, if you itemize your taxes, it's better to write a check/online donation for he amount to the Church.

  • 2 months ago

    It's all voluntary,  no matter what you give. 

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