If it is an item that the IRS does not require an appraisal, and if it is
donated to a non-profit
school, it is deductable. But, the item must be valued at a relative value or
at a fair market
value. Don't let the value be mottled by an "Intrinsic Value". The IRS will not
understand!!!
Dennis Miller
P.S. If audited, don't quote me!!
I'm Not A CPA!!!
> Date: Thu, 31 May 2012 10:15:17 -0400
> From: [email protected]
> To: [email protected]
> Subject: Re: [meteorite-list] SM17 donated to UC Davis
>
> Hi List,
>
> Just out of curiosity, are these donations tax deductible in the US?
>
> Best regards,
>
> MikeG
>
> --
> -----------------------------------------------------------
> Galactic Stone & Ironworks - MikeG
>
> Web: http://www.galactic-stone.com
> Facebook: http://www.facebook.com/galacticstone
> Twitter: http://twitter.com/GalacticStone
> RSS: http://www.galactic-stone.com/rss/126516
> -----------------------------------------------------------
>
>
> On 5/31/12, karmaka <[email protected]> wrote:
> >
> > Gregory Jorgensen has donated his Sutter's Mill specimen (SM 17 , 7.2 g) to
> > UC Davis.
> >
> > http://www.news.ucdavis.edu/search/news_detail.lasso?id=10246
> >
> > Martin
> >
> >
> > ----------------------------------------------------------------
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