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posted Jun 4, 2019 11:17:53 PM

If My Smart Check is asking: "Noncash Contributions Worksheet (Good Will): Cost/adjusted basis must be entered." What is this? What number do I enter?

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1 Best answer
Expert Alumni
Jun 4, 2019 11:17:55 PM

This is what you paid for the items (or estimate as their worth) that you donated. 

If you entered a donation of $50 for clothing, you could use a Cost or Basis of $100, for example.

2 Replies
Expert Alumni
Jun 4, 2019 11:17:55 PM

This is what you paid for the items (or estimate as their worth) that you donated. 

If you entered a donation of $50 for clothing, you could use a Cost or Basis of $100, for example.

Expert Alumni
Jun 4, 2019 11:17:58 PM

[Duplicate deleted]