Date: Mon, 08 Dec 2008 12:25:43 -0500 To: puptcrit-AT-puptcrit.org Subject: Re: [Puptcrit] Donated Programs I don't believe I mentioned anything about a tax credit. I'm talking about income on which you pay taxes and a deduction which reduces your taxable income. It is a wash. Which is why there is no additional deduction allowed for your time. At 12/8/2008 Monday 12:06 PM, you wrote: > > The check you write to the organization will be tax deductible as a > > charitable contribution to the same extent that the money they pay you is > > taxable as income. Therefore, it is a wash. > >Just to make sure: a tax deduction does not amount to the same as a tax >credit. > >Robert Rogers > >_______________________________________________ >List address: puptcrit-AT-puptcrit.org >Admin interface: http://lists.puptcrit.org/mailman/listinfo/puptcrit >Archives: http://www.driftline.org _______________________________________________ List address: puptcrit-AT-puptcrit.org Admin interface: http://lists.puptcrit.org/mailman/listinfo/puptcrit Archives: http://www.driftline.org
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