I posted this the other day, but I need to give more detailed information in order to receive a useful answer. Several years ago we purchased a timeshare through Wyndham. We paid off the mortgage within a year of the purchase. With the deeded purchase, we received points that we could use on vacations. The points were given every other year as long as we paid the yearly maintenance fees and taxes. As we have aged, we no longer want to travel to the places where the points could be used. Wyndham has a program that allows you to give back your deeded timeshare to Wyndham. There is no cost involved, nor is there any benefit to me other than not having to pay yearly maintenance fees and taxes. When we went through that process in 2022 we had 154,000 points that we had not used. Wyndham asked us if we would like to donate those points to a charity called Vacations for Vets. We said sure. We received a letter thanking us for the donation. My question is, can the value of those points, which, I believe, is around $1,648, be deducted as a charitable donation. If so, how would I list it in TurboTax?
Thank you for your help!
