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Deductions & credits
@waisaacs wrote:
Thanks for all the info. We did try to send it back to the manufacturer, and they declined. I did check all of the things you mentioned regarding "donatability" (if that's a word). It sounds like my issues would revolve around getting an appraisal to establish FMV, and including the item in the estate settlement, so that it would be ours to donate. I am not optimistic about getting an appraisal that would not be challenged, so I doubt I will try to go through the trouble. We are at least able to donate it so it will get to a patient. Again, appreciate the time and information.
You can claim a value of up to $4999 without needing an appraisal or form 8283. You will still need to figure out some reasonable way to determine the value that you put on the tax return and keep your records for 6 years in case of audit.