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chmarker
New Member

I donated a piece of medical equipment which is not on the list of items in Turbo Tax. How do I enter the value of this item?

I donated a in vehicle motorized lift for loading a handicap scooter into the vehicle.  When I donated the item, the charity told me the value was $700.  I cannot find this item in your list of medical equipment in turbotax.  How can I enter this donation into charitable donations?

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Accepted Solutions
DS30
New Member

I donated a piece of medical equipment which is not on the list of items in Turbo Tax. How do I enter the value of this item?

If the charity gave you a value for the scooter, you can use that as the FMV if you feel comfortable with their assessment.

Since FMV means the value of the sale if you had sold it in an arm's length transaction, if you have documentation that can substantiate your valuing of the donated items, you can use the FMV that you feel is most appropriate. There is no single formula that always applies when determining the value of property. This is not to say that a valuation is only guesswork. You must consider all the facts and circumstances connected with the property, such as its desirability, use, and scarcity.

To enter your Donations in TurboTax Online or Desktop, please follow these steps:

  1. Once you are in your tax return, click on the “Federal Taxes” tab
  2. Next click on “Deductions & Credits”
  3. Next click on "jump to full list" or “I’ll choose what I work on”
  4. Scroll down the screen until to come to the section “Charitable Donations”
  5. Choose "show more", then Donated to Charity in 2015 and follow the onscreen instructions
  6. Put charity's name and select "add" next item for the list
  7. Then select "I'll value them"
  8. Put in the date of donation.
  9. From the Category List choose "Other personal property" t
  10. Enter the Type of Property "Handicap Scooter", the value and method used (like present value)



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1 Reply
DS30
New Member

I donated a piece of medical equipment which is not on the list of items in Turbo Tax. How do I enter the value of this item?

If the charity gave you a value for the scooter, you can use that as the FMV if you feel comfortable with their assessment.

Since FMV means the value of the sale if you had sold it in an arm's length transaction, if you have documentation that can substantiate your valuing of the donated items, you can use the FMV that you feel is most appropriate. There is no single formula that always applies when determining the value of property. This is not to say that a valuation is only guesswork. You must consider all the facts and circumstances connected with the property, such as its desirability, use, and scarcity.

To enter your Donations in TurboTax Online or Desktop, please follow these steps:

  1. Once you are in your tax return, click on the “Federal Taxes” tab
  2. Next click on “Deductions & Credits”
  3. Next click on "jump to full list" or “I’ll choose what I work on”
  4. Scroll down the screen until to come to the section “Charitable Donations”
  5. Choose "show more", then Donated to Charity in 2015 and follow the onscreen instructions
  6. Put charity's name and select "add" next item for the list
  7. Then select "I'll value them"
  8. Put in the date of donation.
  9. From the Category List choose "Other personal property" t
  10. Enter the Type of Property "Handicap Scooter", the value and method used (like present value)



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