☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 1, 2019 10:42:19 AM

I donated gifts (bought new) to charity, but when it asks "Method used to determine value", there is no selection to choose. What should I do?

0 1 1015
1 Best answer
Employee Tax Expert
Jun 1, 2019 10:42:22 AM

If you purchased items then immediately donated them to a charity, the method used to determine value is 'Present Value' (not purchase).

1 Replies
Employee Tax Expert
Jun 1, 2019 10:42:22 AM

If you purchased items then immediately donated them to a charity, the method used to determine value is 'Present Value' (not purchase).