Ask HN: Code for America

Re:Ask HN: Code for America by artmageddon on Tuesday October 12, 2010 @03:50PM (#1784651)

I somewhat agree, but don't forget that a large portion of that will get taxed, which would limit the amount that you could donate.

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Re:Ask HN: Code for America by jrockway on Tuesday October 12, 2010 @03:55PM (#1784672)

Donations are pre-tax.

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Re:Ask HN: Code for America by j0 on Tuesday October 12, 2010 @04:16PM (#1784759)

Actually, donations come out of your post-tax income, and then you get a tax deduction (not a credit) for them, if you itemize your taxes.

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Re:Ask HN: Code for America by jrockway on Tuesday October 12, 2010 @04:50PM (#1784886)

Doesn't this work out the same? I know if you just donate $20 and take the standard deduction it's post-tax, but if you donate $165,000, I'm sure that your accountant can work something out for you.

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