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A donor advised charity fund can allow you to set aside several years worth of charity and then give donations whenever you wish.
For example you can put 40-60k in the fund during a single tax year ...
You can list it as other income reported on line 21 of form 1040.
In TurboTax, enter at:
- Federal Taxes tab (Personal in Home & Business)
- Wages & Income
-“I’ll choose what I work on” ...
You should never close a credit card account unless it has an annual fee or you are overspending on it. Open lines of credit - even un-utilized ones - have a positive effect on your credit score. ...
If the card has no annual fee, you can keep it for as long as you like and you will never get charged. I advise you to GoPaperless so you stop getting the $0 bills every month.
Many cards have the ...
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