Discussion:Itemizing - Charity deduction Requirements - Magazines & books

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Revision as of 17:44, 4 May 2009

Discussion Forum Index --> Basic Tax Questions --> Itemizing - Charity deduction Requirements - Magazines & books
Discussion Forum Index --> Tax Questions --> Itemizing - Charity deduction Requirements - Magazines & books

Dude7707 (talk|edits) said:

4 May 2009
T/P is donating magazines and children - adult books. What are the IRS requirements?

My thought, magazines have no value however books just provide reciept from charity, Qty, and estimated FMV...say .50 on the dollar.

Comments/suggestions?

Note: This is not a business deduction merely individual cleaning out her room.