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charitable non-cash deduction, "good used or better condition"

 

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Subject Author Date
charitable non-cash deduction, "good used or better condition" Mark Bole 01-28-2008
Posted by Mark Bole on January 28, 2008, 9:43 pm
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Has any guidance been published regarding the new rules in effect since
August 2006?

One piece of self-prep tax software I've seen uses a system based on a
combined measure of style, condition, and current usability of the item.

Another on-line self-prep system I've seen actually did not support the
entry of non-cash charitable contributions at all (the rest of the
return was able to be completed, but the non-cash charitable screen hung
up with a "call customer support" error message -- so perhaps it was a
transient problem).

-Mark Bole

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