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March 13, 2025
Question

Amendment for charity

  • March 13, 2025
  • 1 reply
  • 0 views

How can you find out how much you would be getting back if you donate it $7,000 or maybe less by $200 a year for donations and then also what amend on your taxes can you do to get a forgiveness loan during an investigation 

 

    1 reply

    JohnB5677
    March 13, 2025

    If you do not have other itemized deductions on your return, the +/- $7,000 will not make any difference.  You will automatically get a standard deduction for a single taxpayer of $14,600.

     

    Please clarify what you mean by forgiveness loan during an investigation 

    • Forgiveness from Who?
    • What is the loan for?
    • Did you get a form 1099-C?
    • What is the investigation?

    Please contact us again with additional information

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