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For questions that relate to the laws, practices, and products of the United States.

11 votes
2 answers
68k views

Donation Value Of "One Bag Of Clothing"

Early last year, I donated clothes to Goodwill and received a donation receipt for "one bag of clothing." I have no memory or documentation of exact contents to calculate an amount. Given only the r …
Steven's user avatar
  • 297
1 vote
2 answers
1k views

Reporting 1099-? (takes place of 1099-G and 1099-INT) on tax return?

After filing my return, I received the following tax form (sample). The form notes "THIS FORM TAKES THE PLACE OF FEDERAL FORMS 1099-G AND 1099-INT" but neither seems like G (unemployment) nor INT (in …
Steven's user avatar
  • 297
2 votes
1 answer
191 views

Debt Forgiveness - Extra Payments

Student loans can be forgiven after ten years of being a teacher (link). If there is no chance for a new teacher to pay off the loan in ten years, is there any benefit to pay anything other than the …
Steven's user avatar
  • 297