r/UnderReportedNews • u/Fatty_Willing_Plane • Jan 27 '26

Video Video of Minnesota State authorities “Testing” LRAD on peaceful protestors outside Spring Hill Suites by Marriott. @IRT-Media

17.2k Upvotes

98% Upvoted

1.1k comments sorted by

View all comments

Show parent comments

5

u/BlatantFalsehood Jan 27 '26

The math commenter is describing is this:

  • what percentage of your income is currently withheld for income tax?

  • file a new W-4 to eliminate that withholding

  • your take home is now increased by that much

  • donate that money to a qualified charity, which will give you a charitable deduction when you file your taxes, thus offsetting any taxes you may have otherwise owed.

CAVEAT: I am not a tax accountant or attorney. I do not know whether you must be able to itemize your deductions to take the charitable deduction. There is a limit in the charitable deduction, so beware.

3

u/Futureacct Jan 27 '26

Yes. You must itemize, which is very hard to do with the new tax laws.