Ancestors

Written by Temerity on 2025-01-25 at 18:34

Free tax advice from your anarchist accountant:

(USA federal income tax)(1099 NEC) If you are self employed and work from home, measure the square footage of your 'home office' (or whatever your workspace is), find out what percentage it is of the square footage of your house, and deduct that percentage of your annual rent and all of your utility bills for the year from your taxes as a work expense.

(USA federal income tax) If you are taking classes check and see if you qualify for the AOTC tax credit. You don't need a form 1098T from your school necessarily, (most schools will not make these available to you until Jan 31st), but you can claim up to a $2,500 deduction on tuition expenses, text book expenses, and other school supplies like computers.

(USA general advice) If you are paying someone for a product on venmo, no you're not. Use like a pizza emoji or something in the description and never check the box that says you're purchasing a product. That's extremely rude and tells venmo to report the money you gave that person as taxable income. So rude, don't do it, especially at like fundraisers, bake sales and shit like that.

Fuck turbo tax. Use Freetaxusa if doing your own taxes. (free USA federal income tax filing and state tax filing for like $20)

Every tax dollar you manage to get back in refunds is a dollar you took away from the American war machine.

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Written by Temerity on 2025-01-25 at 18:42

More free advice from your anarchist accountant:

Use cash. The government doesn't need to know about your purchases, especially on money spent in local economies, at farmers markets, craft fairs and stuff. Tip in cash as often as possible. Your waitress would rather stick cash in her pocket than get her tips on her paycheck anyways, and tips given in cash are usually not reported on taxes so more of the money makes it to the employee and not to the government.

It is worth the extra time to remember to pull out cash before going to bookfairs, conventions, farmers markets, art walks and fundraisers. Your community will appreciate you for making the effort to pay in cash.

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Written by Temerity on 2025-01-25 at 19:03

I know it's not a very common form of mutual aid but I do taxes for free for radicals and anarchists in California. Usually income taxes but I'll also help with small businesses too if they aren't ethically shitty.

Taxes are scary and complicated on purpose and I want you to get your money back. Feel free to tag me on questions or send me a private toot for my email if you're confused and need help.

It's gross that taxes have been made so complicated as to create an entire industry of tax professionals that wouldn't exist otherwise. I enjoy undermining that industry by making tax knowledge free.

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Written by Dendari on 2025-01-25 at 23:22

@temerity tax question i donated a kidney last year and did not claim it as a charitable gift. I'm told I could have. Is this true? Do you think it would be worth the trouble / possible to go back and adjust last year's return? Could I claim it this year instead?

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Written by Temerity on 2025-01-26 at 01:28

@dendari I've not encountered this scenario before but doing some reading it looks like the organ donation itself is not considered a charitable contribution but any expenses related to the donation such as lodging or travel (but not lost wages from missing work) are deductible using schedule A form 1040, IF the total deductible medical expenses exceed 7.5% of adjusted gross income and IF the total deductible medical expenses exceed the standard deduction. Now if this happened in a prior year you can file a 1040 X amended tax return to still claim the qualifying benefits according to the IRS.

There was legislation introduced federally that would offer up to $5000 tax credit for living donors but at this point it has not progressed passed introduction to the house.

Hope this was helpful! The sources I checked were the IRS, the American Society of Transplantation, the National Kidney Foundation plus a few others, and I reviewed the introduced bill on congress. gov website.

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Toot

Written by Dendari on 2025-01-26 at 01:43

@temerity

Very helpful thanks.

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Descendants