28 Mar
2013
28 Mar
'13
12:09 p.m.
On Thu, 28 Mar 2013, Seth Morabito wrote:
So, that's where it ended up (and I got a tax
deduction, win-win!)
If you donate right after getting something, then you are allowed to take
a deduction in the amount that you paid for it.
If you donate after keeping it for a year, then you are allowed to take
a deduction in the amount of "the fair market value"
30 years ago, my father and I had a Centronics 101 (think big and heavy).
Although "Processor" had ads selling them for $1K, I couldn't get $50 at
John Craig's "Computer Swap America" in San Jose (think big and heavy).
But City College of San Francisco was getting fed up with the number of
Radio Shack printers that they wore out and broke each semester, . . .
It withstood Computer Lab abuse for YEARS.
Q: Since eBay seems to be the primary market for our crap^H^H^H^H
valuables, can we get away with those prices as the "value"?
--
Grumpy Ol' Fred cisin at xenosoft.com