minn_stat |
08-09-2008 01:07 AM |
Quote:
Originally Posted by jay santos
(Post 251129)
The tithing on gross vs net discussions are common. Can anyone make a case for paying tithing on your "taxable income" figure? If so, I am all ears...
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I've never before bothered to get in these discussions with anyone other than my wife and my parents when I was younger, but my family has been out of town for a month now, and it is a Friday night and I'm bored. So I'll bite, although not on the exact question.
From my perspective, I feel one could easily justify removing any 401k contributions from one's "tithable" income. I also feel it is pretty easy to justify remove the non-medicare part of the social security deduction from "tithable" income, as well. 'Course, many of us find it easy to justify paying whatever tithing we decide we want to pay...
More fun for me this year is that I lost $30k on the house we sold earlier this year - if I pay tithing when I make money on investments, shouldn't I be able to subtract losses from my tithing check as well?
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