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Is a domain name donation without appraisal deductible?
Last year, I donated a domain name to a nonprofit in Florida for use as their main website (not to sell). The amount agreed on was $7,500 and I received a letter from the nonprofit's CEO detailing the terms. How do I enter this info into my taxes and would the IRS accept this as a tax deductible donation?
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‎June 1, 2019
2:51 AM