Donating Comics & Writing off on Taxes

[Paratrooper]

I'm moving again and have a few thousand books I don't want to take with me. Question is: Can I write off on my taxes the amount I originally paid for the books when donating to the Salvation Army? (by originally paid, I mean cover price of course)

[Paratrooper]

Testing, the boards are frozen to me...either that or no one is posting.

[skypinkblu]

PM Sent

[Silver Surfer]

Talk to Mark (Esquirecomics) as I believe he did this last year.

[skypinkblu]

Testing, the boards are frozen to me...either that or no one is posting.

I got the answer and pm'd it to you...next you have to READ the PM;) It's not easy getting free tax advice this time of year, I had to go downstairs and ask nicely;)

[Mac Man]

I'm not sure how the tax rules are for comics... but I thought the way the Salvo Army or Good will worked was they give you a receipt listing their predetermined value of the clothes/items being donated?

[Paratrooper]

Ah got the answer from Sha....and her accountant husband....guess I tipped the IRS off with that question and now have to follow the rules...darn it.

[binarysunrise]

I'm moving again and have a few thousand books I don't want to take with me. Question is: Can I write off on my taxes the amount I originally paid for the books when donating to the Salvation Army? (by originally paid, I mean cover price of course)

 

Just a thought, but if the cover price is 10 cents, would the write-off be worth it?

[Paratrooper]

I'm moving again and have a few thousand books I don't want to take with me. Question is: Can I write off on my taxes the amount I originally paid for the books when donating to the Salvation Army? (by originally paid, I mean cover price of course)

 

Just a thought, but if the cover price is 10 cents, would the write-off be worth it?

 

Just donating $2.95 moderns, trust me no 10 centers in this lot.