There are two things (ok, maybe more) that give me serious anxiety. Having a huge stack of unopened mail to sort through (random right?), and the time of year when companies like Turbo Tax and H&R Block start barraging the airwaves with commercials.
The latter is my least favorite because it can only mean one thing…. the tax man is coming!
Hopefully you’ve already filed your taxes, as April 15th is just three days away. But by this time next year, you may be filing as a married couple and believe it or not, there are some crafty things you can do with your wedding to rack up extra deductions (and increase your return from Uncle Sam).
The name of the game? Donate, Donate, Donate! We'll cover this in a moment but first:
News Flash! Venue Rental Fees May Be Tax-Deductible. If you’re getting married in a church and paying a ceremony fee, or hosting your reception at a historical garden, museum or homestead, or a state or national park, there’s a good chance the fees you pay (or at least a portion of them) can be deducted as donations. Each venue and church will be different though, so make sure to check with your point person at the location to see if the fees qualify as donations.
Wedding Things to Donate and then Deduct
Now before you run off to share your newfound wisdom with all your nearlywed friends, remember two things. First, make sure to document your wedding write-offs with receipts and contracts so you're ready to roll when tax time comes.
And second, we're not tax professionals, we're just trying to help you save some cash! So when the time comes to file again, and you’re tallying up the values of your various wedding donations, we highly recommend that you work with a pro. He or she will make sure everything is on the up and up, so that you know who doesn’t come knocking at your door.
So brideys, will you use these tips to get more back from Uncle Sam next year? What will you donate and then deduct? Sound off below!