#Old Computers
3 messages in this thread
Bill,
<< Contributing computer equipment to charitable organizations can get you
a significant tax deduction on next year's income taxes. In many cases, the
deduction will be several times higher than you would make by selling the
older equipment or software outright. >>
Now, correct me if I'm wrong, but don't IRS regulations say that non-cash
donations can only be written off for their actual market value?
Dave
Dave,
I'm not a tax person. If you were to contribute the equipment, and
provide an estimate of the value, the Audubon folks normally accept your
valuation in issuing the receipt.
Bill, K3OZM
"Go CALFORUM"
Last year, I gave several pieces of Commodore 8-bit equipment to a
church in Maryland. The pastor of the church had someone there
appraise the equipment and they sent me a copy of the appraisal. I
believe the appraiser just used the prices for which similar
equipment was being sold by a mail-order house that sells the
equipment used but repaired. Mine was in excellent condition and did
not need repair, so they thought that was fair. Anyway, that was the
way we did it.