Is donating a piece of equipment to a organization agency for their use, charge discount competent?

Did the agency issue you a confirmationg letter that a) they got the item and b) you did not receive any benefit from the donation?

Without the communiqu¨¦, you can't deduct it.

And how much was the FMV of the equipment? If it be over $5000, you also have to have an appraisal.
Are you donating the equipment or merely the use of the equipment?

To take a deduction, you must relinquish your ownership of the equipment beside no strings attached.

If they will be returning the equipment to you when they are done with it, there is no estimate.
Yes, donations to the government are treated as charitable donations. You can deduct the lower of your cost justification or the fair market expediency of the equipment on the date it was donated.

FYI, this has to be a legit donation, not a elected representatives seizure such as the loss of a motor vehicle involved in drug trafficking.
Yes it is. Get a getting.


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