[meteorite-list] SM17 donated to UC Davis

[Dennis Miller]

If it is an item that the IRS does not require an appraisal, and if it is donated to a non-profit

school, it is deductable. But, the item must be valued at a relative value or at a fair market

value. Don't let the value be mottled by an "Intrinsic Value". The IRS will not understand!!!

Dennis Miller


 P.S. If audited, don't quote me!! 

      I'm Not A CPA!!!

 



> Date: Thu, 31 May 2012 10:15:17 -0400
> From: meteoritemike at gmail.com
> To: meteorite-list at meteoritecentral.com
> Subject: Re: [meteorite-list] SM17 donated to UC Davis
> 
> Hi List,
> 
> Just out of curiosity, are these donations tax deductible in the US?
> 
> Best regards,
> 
> MikeG
> 
> -- 
> -----------------------------------------------------------
> Galactic Stone & Ironworks - MikeG
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> 
> 
> On 5/31/12, karmaka <karmaka-meteorites at t-online.de> wrote:
> >
> > Gregory Jorgensen has donated his Sutter's Mill specimen (SM 17 , 7.2 g) to
> > UC Davis.
> >
> > http://www.news.ucdavis.edu/search/news_detail.lasso?id=10246
> >
> > Martin
> >
> >
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