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by javagram
1017 days ago
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If you have to deal with “donation receipts” you have an unusual tax situation. Most people (87%)[0] are better off taking the standard deduction rather than itemizing. Taking the standard deduction, your donation receipts don’t matter. If you have just W-2 income then filing through tax software is very quick. Not sure if it’s 10 minutes or 30 minutes but not that much time. [0] https://taxfoundation.org/blog/standard-deduction-itemized-d... |
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Of course, figuring out if you should itemize requires the same amount of paperwork as actually itemizing.
Anyway, even when I was a student with nothing but W2 income, I still had to find my W2, and get a 1099-INT for my student checking account. That took more than 10 minutes.
Before that, I had to figure out how to figure the tax on my high school income, which also took more than 10 minutes.