• reflectedodds@lemmy.world
    3·
    9 months ago

    Yea I guess I was thinking something like this

    1. I earned $100,000 revenue
    2. You give me $20,000 donation
    3. I make a $20,000 donation
    4. I report on taxes I earned $100,000 and donated $20,000, so my taxable income is $80,000 because I wrote off a donation you gave me.

    I would have to include the donation either in my earnings or report it some other way.