What's new

How do non-cash, charitable donations work in terms of tax deductions? (1 Viewer)

Daniel Swartz

Second Unit
Joined
Mar 3, 2002
Messages
448
For example, if I donate 10 items (all the same) that I purchased at $10/each ($100 total), in a very good deal, but can find them at retailers easily selling for double that, what amount am I allowed to deduct? $100 or $200? Thanks!
 

Users who are viewing this thread

Forum Sponsors

Forum statistics

Threads
347,162
Messages
4,804,201
Members
142,014
Latest member
Gbenito
Top