Taxprohere
Level 7
02-01-2025
09:47 PM
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I'm curious, @djtenn2000 your post got me wondering! On Feb 1, you already have hundreds of clients who:
are itemizing and with excess of $500 for noncash donations.
You would think these are homeowners with a sizeable mortgage interest, (or with high medical bills and maybe giving away their life's accumulation before reaching the clouds?) From my experience, homeowner-taxpayers in that situation are just starting to get their mortgage tax forms, many have investments as well, waiting for those.
But you already have hundreds of itemizing, generous taxpayers as clients...sure you're not exaggerating just a bit? 😉