Tithing Question.....

[xoomer]

I have heard that tithing is tax deductible... and I was wondering if that was true.....
and if so I should probably be saving the pieces of paper, and do I write the check out to god?? or the the Church of Latter day saints? what?

[Bob_Blaylock]

Originally Posted by xoomer

I have heard that tithing is tax deductible... and I was wondering if that was true.....

Why are you asking us? You would certainly know, better than any of us what you did or did not hear. I do not know if it is true that you heard that tithing is tax deductible.

[xoomer]

I am asking because I'm new to the church and I feel stupid asking questions like this of the elders or the bishopric...

[Bob_Blaylock]

Originally Posted by xoomer

I am asking because I'm new to the church and I feel stupid asking questions like this of the elders or the bishopric...

The most stupid question of all is the one that you don't ask, because you're afraid you'll feel stupid for asking it.

[deadinside]

Yes it is tax deductible. Comes right off the top so if you are taxed at 25% you will get back 25% of what you paid more than likely unless other factors are involved. At the end of the year in December, you will likely be invited to sit with the bishop in a tithing settlement. He will have a paper with all that you have paid to date. That form is what you will keep for your taxes unless you pay something else after that tithing settlement and they will usually give you an updated for in that case.

[Winnie G]

you can find tithing slips and envelopes by the church office door.
At the end of the year you will be given the paper work for your taxes.

[talisyn]

That's a pretty good question, xoomer. It is tax deductible if you're itemizing.

Welcome to the fold

Save your yellow slips for end of the year comparison to what's on record and don't make the checks out to God...umm idk who you make it out to, I usually use cash

[Seanette]

I've always been told a check should be written to the ward you're in.

[Palerider]

at the end of the year you will be given a paper with all your tithes and offerings on it for the purpose of using it for your taxes.

[Wingnut]

Seanette is correct. Checks should be made out to the ward or branch in which you reside. I'm pretty sure that information is printed on the tithing slip as well, though I'm not 100% certain of that.

At the end of every year, each member meets with the Bishop to declare their tithe-paying status: full, partial, non-, or exempt. You may want to retain your tithing slips to be able to verify that you have paid a full tithe prior to going for this quick meeting. In January, the finance clerk usually prints out charitable donations summaries for everyone, for tax purposes. Even if your ward clerk doesn't automatically do this, he'll do it if you just ask. That summary will include tithing, fast offerings, and any other donations you may have made to the Church during the previous year. Here is also where it might be beneficial to hold onto your own slips, just for verification.