Results 1 to 1 of 1
-
October 20th, 2007, 10:44 PM #1
Donating a computer for a tax write off?
I have an old compaq computer that was originally 2 grand but now, due to technology, is worth maybe 100 dollars because I upgraded a few parts. I came across this claim though...
"Tax laws allow an individual to deduct the current market value of a donated computer and allow a business to deduct the un-depreciated value of a donated computer." from here http://www.whitecanyon.com/donate-a-computer.php
Well that applies to the original purchaser of this equipment. I do not know if the business owner could furnish receipts, or any further documentation. I have the computer serial key and such though.
So could the person who bought this (business owner) donate this whole bunch and a few other monitors, keyboards, and components to some non-profit organization and receive a 2 thousand dollar take write off? The original market price of all of this equipment was 2000-2500 dollars back around the year 2000. Seems too good to be true.Believe those who are seeking the truth; doubt those who find it.
Similar Threads
-
Law makers should write jokes
By Montell C. Williams in forum GeneralReplies: 3Last Post: May 28th, 2007, 07:20 PM -
Write these 2 guys about the 2A!!
By JustinM in forum GeneralReplies: 2Last Post: May 2nd, 2007, 10:36 AM -
Bar next door leaves trash in my yard, who do I write/call?!!!
By Nate in forum GeneralReplies: 20Last Post: April 5th, 2007, 02:24 AM -
Another PA AW Ban. Read and write your reps...
By Coal-Cracker in forum GeneralReplies: 1Last Post: February 2nd, 2007, 01:21 AM -
Ever want to this to your computer?
By GRIZZLYBEAR in forum GeneralReplies: 11Last Post: November 26th, 2006, 11:27 PM
Bookmarks