Discussion:Charitable Contributions to a 501(c) 3

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I'm not sure on how to evalue. I have done some research. I appreciate any and all help.}} I'm not sure on how to evalue. I have done some research. I appreciate any and all help.}}
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 +{{ForumReplyPost|UserID=Captcook|Date=2 November 2009|Text=Did the business deduct the purchase of the products donated? }}

Revision as of 01:06, 2 November 2009

Discussion Forum Index --> Advanced Tax Questions --> Charitable Contributions to a 501(c) 3
Discussion Forum Index --> Tax Questions --> Charitable Contributions to a 501(c) 3

Kyea (talk|edits) said:

2 November 2009
A printer/designer makes a contribution of brochures,cards,etc. to a non-profit art league 501(c)3.

Is the FMV of the product the deductible amount?

If the printer is a one-person show does he deduct only the value of the ink,paper,etc.but not his labor?

I'm not sure on how to evalue. I have done some research. I appreciate any and all help.

Captcook (talk|edits) said:

2 November 2009
Did the business deduct the purchase of the products donated?