To: Lady In Blue
Because of her income tax problem the US Internal Revenue Code was amended. She was receiving a large amount of taxable income each year from the estate of her father, and she was turning it over to her religious order. But there was a limitiation on the percent of income allowed as a charitable deduction. ( Just as there is now for all (lay) taxpayers). Congresss amended the Code to allow an unlimited deduction in her type of situation.
6 posted on
03/03/2003 9:29:51 PM PST by
APBaer
To: APBaer
7 posted on
03/03/2003 9:36:37 PM PST by
APBaer
To: APBaer
**Congresss amended the Code to allow an unlimited deduction in her type of situation.**
Amazing!
12 posted on
03/03/2003 11:00:00 PM PST by
Salvation
(†With God all things are possible.†)
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