The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: 2006 Deductions Help||Date: 2/19/2007 8:24 AM|
|Author: cookc2||Number: 92299 of 124795|
I don't think I worded the last part of my question correctly. As I recall, there is a formula limiting deductions when AGI is over $150,500 (MFJ). I googled Limit on Itemized Deductions and found an IRS website confirming this. This is what I intended to refer to with my poorly worded statement.
I'll check the status of the organizations.
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