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| There was a big discussion on this issue in this group a couple of years ago. Do a search to read all the pros and cons. Don in Colorado << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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| Dan Tomanio wrote: - quote - > I'm wondering if I can take some of my wife's teacher
First and foremost, she wants to take advantage of the> deductions and put them in the charitable deduction column > instead of the 2106 employee expense. It helps out my tax > situation due to the alternative minimum tax. Here is my > thought on this: She buys supplies to help her in her job; > i.e. markers, pencils, bulletin board materials, books, > magazines, rewards for the kids, briefcase, etc. These are > 2106 deductions. She also buys supplies that the students > consume; i.e. pencils, paper, ink for our home printer, > magazines, books that stay in the classroom. I'd like to > make these a charitable deduction. She works in a city > school district that does not have the money to buy these > supplies. maximum 250$ for classroom supplies on page one. A charitable contribution to a government instrumentality (school district) is a distinct possibility, PROVIDED THAT she gets a receipt from the school acknowledging same. Otherwise, it's a miscellanous deduction (beyond the 250) subject to the 2 % haircut. ChEAr$, Harlan Lunsford, EA n LA << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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| I'm wondering if I can take some of my wife's teacher deductions and put them in the charitable deduction column instead of the 2106 employee expense. It helps out my tax situation due to the alternative minimum tax. Here is my thought on this: She buys supplies to help her in her job; i.e. markers, pencils, bulletin board materials, books, magazines, rewards for the kids, briefcase, etc. These are 2106 deductions. She also buys supplies that the students consume; i.e. pencils, paper, ink for our home printer, magazines, books that stay in the classroom. I'd like to make these a charitable deduction. She works in a city school district that does not have the money to buy these supplies. Thanks in advance for the advise. Dan << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| 2106, charitable, deduction, teacher |
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