
- UID
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- 2011-7-2
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- 2014-6-28
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I think he means to say:
you had 200K in your income. you donated 100 K.
for the 100 K that you donated - you pay NO tax.
but you get a tax rebate on the 100K that is left over… (and that 100K after taxes is what is bequeathed/gifted).
essentially the $PV being talked about is pre-tax funds. |
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