S
sirhibernac
Guest
I live in Alabama.
Please excuse my ignorance when it comes to taxes. I'm young and trying to figure things out for filing issues next year.
My wife and I are planning on trying to donate more money this year to our church. My question is that if I donate more than what is owed to the government in taxes at the end of the year do I get the difference back?
Example:
I donate $4000 throughout the year and can deduct the amount.
I only owe $1500 in taxes.
Do I get the other $2500 back as a refund?
Please excuse my ignorance when it comes to taxes. I'm young and trying to figure things out for filing issues next year.
My wife and I are planning on trying to donate more money this year to our church. My question is that if I donate more than what is owed to the government in taxes at the end of the year do I get the difference back?
Example:
I donate $4000 throughout the year and can deduct the amount.
I only owe $1500 in taxes.
Do I get the other $2500 back as a refund?