Consumerism Commentary - Latest Comments in Seven Tax Mistakes You Might Make, Part 2

Re: Seven Tax Mistakes You Might Make, Part 2

real people, real finances — Thu, 16 Feb 2006 23:49:02 -0000

Oh, and for number 4. We actually let the neighborhood know when we are going to take things to the goodwill. It's amazing how many people are lazy and don't want to make the trip. We just add the value of their stuff to our tax deduction.

Re: Seven Tax Mistakes You Might Make, Part 2

real people, real finances — Thu, 16 Feb 2006 23:47:07 -0000

Sometimes things are more important than the money - I'd say that number 1 falls into that category.

Re: Seven Tax Mistakes You Might Make, Part 2

FMF — Thu, 16 Feb 2006 10:47:59 -0000

Re: #4 : When we donate items, we get a receipt and detail the items given on Excel. Then we staple them together and put them in our tax file -- nothing lost or forgotten.

Re: Seven Tax Mistakes You Might Make, Part 2

Will Kirby — Wed, 15 Feb 2006 14:56:11 -0000

I know that tip #4 really catches a lot of people. It got my dad a few years ago when he did some after Christmas cleaning and donated some things shortly after the first of the year.

Re: Seven Tax Mistakes You Might Make, Part 2

jim — Wed, 15 Feb 2006 13:45:11 -0000

Unfortunately we can't act on tips #3 and $4 anymore, since the cutoffs for those would've been 12/31/05. Good to keep in mind though!