I inherited an almost new Cochlear Processor which cost about $11,000. I donated this to a charity. How do I determine the value of this for my deduction?

[dnleigh]

This Cochlear Processor was used only for a couple weeks and it is state of the art....

[Opus 17 · Accepted solution]

I have no idea.  The fair market value is what someone would pay for a used processor.  You may be able to ask at various agencies and charities that assist the deaf.

However, you can't claim a value higher than $5000 unless you have a signed appraisal and you have the signature of the appraiser and of a financially responsible official of the charity on a tax form.