Discussion:Timeshare use donation
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Revision as of 14:30, 8 October 2009
Discussion Forum Index --> Basic Tax Questions --> Timeshare use donation
Discussion Forum Index --> Tax Questions --> Timeshare use donation
| 8 October 2009 | |
| I have a client who donated one week of timeshare use to a children's hospital. The client paid a maintenance fee of $670 for the week of use. The charitable organization gave him a receipt with a fmv of $2,500. My question is, is only the $670 deductible or the fmv of $2,500. Any guidance would help. Thanks in advance.
Nate | |
