Most of my customers have finally got the message to quit bringing me tickets from Goodwill since the enhanced standard deduction made them worthless.
I have some wealthy people who don't give a dime to charity but every spring when the wife replaces her wardrobe, she cleans house and takes stuff to GoodWill. And of course, presents me with a half-dozen or so tickets with no value on them. To hear them talk, the clothes are worth thousands of dollars and are in mint condition, as well as the old washer/dryer which was without a scratch and working perfectly. They just wanted another washer/dryer, they say.
I do tell them we need purchase detail of every piece if we claim over $500 and you can just see the disappointment sweep over their face.
Now we have a $300 deduction for non-itemizers. And I can just see all these tickets again. Again, I'll have to explain this is cash only, and of course they'll tell me it will be a slam dunk.
I plan to ask for enough recipient detail to establish $300. Otherwise it will be the same as the $250 classroom teacher deduction - an automatic.
I have some wealthy people who don't give a dime to charity but every spring when the wife replaces her wardrobe, she cleans house and takes stuff to GoodWill. And of course, presents me with a half-dozen or so tickets with no value on them. To hear them talk, the clothes are worth thousands of dollars and are in mint condition, as well as the old washer/dryer which was without a scratch and working perfectly. They just wanted another washer/dryer, they say.
I do tell them we need purchase detail of every piece if we claim over $500 and you can just see the disappointment sweep over their face.
Now we have a $300 deduction for non-itemizers. And I can just see all these tickets again. Again, I'll have to explain this is cash only, and of course they'll tell me it will be a slam dunk.
I plan to ask for enough recipient detail to establish $300. Otherwise it will be the same as the $250 classroom teacher deduction - an automatic.
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