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To: T Ruth

I checked into Project Veritas a bit after seeing that they CLAIM to be a ‘Charitable Organization’, which means contributions to them are deductible. Sounded a bit fishy, considering how effective they are against the Left, so here’s what I found.

YES! They are a registered 501c3 and so you can deduct contributions from taxes (up to some very high limit) if you itemize (i.e., don’t take the standard deduction).

BUT, there’s also a $300 per person ($600 for married couple) deduction available to all taxpayers, regardless of whether they itemize...and that is probably 90% of the people here (the other 10% live on the coasts and pay huge mortgages). So, yea, you can get a nice tax break here!

One other thing: Guess who signed their 501c3 approval letter in 2010. You got it! Our favorite IRS commissioner of all time, one LOIS LERNER!


9 posted on 09/19/2021 8:06:44 AM PDT by BobL (I shop at Walmart and eat at McDonald's, I just don't tell anyone, like most here.)
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To: BobL
Guess who signed their 501c3 approval letter in 2010. You got it! Our favorite IRS commissioner of all time, one LOIS LERNER!

What she thought was a "fact-checking" site turned out to be a for-God real fact-checking site.

18 posted on 09/19/2021 8:57:07 AM PDT by AndyJackson
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To: BobL
Our favorite IRS commissioner of all time, one LOIS LERNER!

A delicious irony!

24 posted on 09/19/2021 10:12:39 AM PDT by T Ruth (Mohammedanism shall be destroyed.)
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To: BobL

Re post 9, yes, since Trump raised our married-two-person deduction level, most of we middle class taxpayers no longer itemize, unless we still have a mortgage and that interest to deduct.

We only get a $300 credit for charity gifts but give more for causes we know are like and are legit. I also give to the GOP, local and state, as we need some push back against the socialist Democrats.


31 posted on 09/19/2021 11:58:36 AM PDT by RicocheT
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