Tithing is the 10% on your income regardless of the source. At tithing settlement they usually ask you if you are a full tithe payer and if you need to “settle up” any unpaid tithes. I can’t recall if my ex was ever asked to pay up on the sale of our marital home. I was out of the church by then.
Heartless Wrote: ------------------------------------------------------- > The church siphons off any increase they can. > > You would be on the hook for the increase or > profit on the sale not the sale price. > > If you sold the house for $200,000 but owed $180,000 then you'd have a profit of $20,000 and you'd owe $2,000 to god. >
You mean the LDSc. Nobody owes anything to God (and Mormonism IS NOT His collection agent).
[Futawa (sp)'Make God a loan from your existence (as you got everything from there)' - proverb thing-paraphrasing OKAY
Not exactly true. That profit may have been due to your intelligence, perseverance, frugality, +/- any improvements, environment, taste, luck, skills, hard work, etc., and not simply 'the market'.
It depends also on sweat equity (which equals time, which is money), length of time you've resided there, who else has benefitted by living there, the difference in home - vs. land - value, as you might have gotten more out of the land than home, etc.
Why do people think Mormonism is God or that they have no control over their own increase?
Intergalactic Revenue Commandmants section 121 (aka IRC sec 121) clearly states that a married couple who make a bunch of money selling their main house (not vacation home in Park City) can forego payment of tithing on $500,000 of gain, but MUST pay 10% on gain more than half a mil.
For those on earth, and in the USA: Internal Revenue Code section 121 allows a taxpayer to exclude up to $250,000 ($500,000 for certain taxpayers who file a joint return) of the gain from the sale (or exchange) of property owned and used as a principal residence for at least two of the five previous years . . . . .
What about unemployment or severance pay? A TBM relative lost his job a few weeks ago and is getting unemployment. Would he be expected to pay tithing on that? He's devout about doing his tithing, so he might be.
That led me to think about other income, such as: college scholarships, gift cards and birthday money for kidlets. Do TBMs tithe on gift cards?
When I give the TBM relatives gift money, I tell them to use it as they see fit, for their benefit and enjoyment, but I know that 10% is not going where I want it to. It's a conundrum.
Something else that annoys me is that although they had a good income, that is, until the job loss, they were chronically short of money. I refrain from asking about it, but I keep wondering how things would be for them if they reduced their tithe, or even held off on paying it until other debts were cleared. This is not a conversation I expect to have with them as I don't see any point to bringing it up.
Are those living solely on SS expected to pay tithing on it when it is likely they were full tithe payers on gross during their lives that have already paid it?
GNPE Wrote: ------------------------------------------------------- > Has anyone been told to pay their dues > ('tith?ing') on the income from sale of a > residence or other investments? > > Are ppls residences 'exempt' from gawd's reach?
It's got nothing to do with (your) 'gawds' (mormonisms') reach, but how stupid, or duped, a moron is.
Selling a home is NOT an increase (your may need all that money for your next home/ heaven/ travel, etc.).