3045051
You'll need to sign in or create an account to connect with an expert.
"The cost or adjusted basis of donated items is the amount you paid for them, less any depreciation, or if you didn't buy the items, their Fair Market Value at the time your received them, also less any depreciation. People usually estimate this number since they rarely keep accurate records of these purchases."
"The cost or adjusted basis of donated items is the amount you paid for them, less any depreciation, or if you didn't buy the items, their Fair Market Value at the time your received them, also less any depreciation. People usually estimate this number since they rarely keep accurate records of these purchases."
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jenekane28
New Member
doubleO7
Level 4
jtrains3
New Member
mjperez0500
New Member
user17549630606
New Member