radasca
New Member

Retirement tax questions

Thank you for the answer. To clarify, as an example with fictitious numbers if you don't mind, my Dec pay stub says: "Total Gross YTD $92,000;" then "Fed Taxable Gross YTD $$85,000." If I itemize the charity donations of say $300, wouldn't the "Fed Taxable Gross" for the year be reduced by $300? Thanks again.