I donated a power wheelchair that medicare partially purchased for my late husband. Do I deduct the full market value or can I only deduct our out-of-pocket expenses?

trekangel · ‎June 6, 2019

The charitable organization that is getting the wheelchair obtained a price list from the vendor in order to determine value.

PaulaM · ‎June 6, 2019

In general for donations of non-cash property to qualified charity organizations, the fair market value of the property is used for the deduction.

https://www.irs.gov/newsroom/eight-tips-for-deducting-charitable-contributions

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

PaulaM · ‎June 6, 2019

In general for donations of non-cash property to qualified charity organizations, the fair market value of the property is used for the deduction.

https://www.irs.gov/newsroom/eight-tips-for-deducting-charitable-contributions

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Expert does your taxes

Do it yourself

Resources

Support

I donated a power wheelchair that medicare partially purchased for my late husband. Do I deduct the full market value or can I only deduct our out-of-pocket expenses?