Anyone that bought a 2025+ remember to file your taxes

[Junkyard Dog]

I do have several charitable donations it sounds like I can deduct now!

1000 bucks maximum if you do not itemize. But take it if you can, as that means $1000 in income that is not taxed.

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[Cobrakit]

Use Schedile 1A and yes income restrictions, can use even if standard deduction and only reduces taxable income. Now 30 % of my Geothermal install was a tax credit, so I ended up paying no federal tax this year and a carry over reduction next year. OBTW last year for this energy credit.

 

[Jirees98]

I only had to show the guy who does my taxes the last bank statement on December 2025!

 

[tktrain]

Once again, I'm being punished for saving up and buying my DH outright and not financing it...

 

[Junkyard Dog]

Once again, I'm being punished for saving up and buying my DH outright and not financing it...

LOL, seriously? You are way better off not paying interest for years . . .

Invest the $1200-1500 a month that Dark Horse payments would have run you and see how you come out in the end.

 

[krisk]

You can take this one even if you use the standard deduction, so, if you have a car note, get the interest and put it on your taxes as a deduction and save a couple few hundred bucks in taxes.

PS - Charitable deduction for 2025 is available even if you take the standard deduction. So there are two you might be able to use.

Charitable deduction without itemizing doesn’t start until 2026.

 

[Junkyard Dog]

Charitable deduction without itemizing doesn’t start until 2026.

Sorry everybody for the wrong information.

But it will be helpful to you next tax season!

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