If donating new items with receipt from purchase, is that suitable as valuation when coupled with a donation receipt?

Tax question: if I donate brand new items with receipt, can I deduct the price paid since they are new with receipt? Or do I have to calculate a used book value based on comparibles/get appraisal? Anyone know?

posted

Hey! Is anyone else having issues with the "Guide Me" part of the donation valuation? I've used it for years, but today it's just looping back without going to the tool

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If donating new items with receipt from purchase, is that suitable as valuation when coupled with a donation receipt?

If donating new items with receipt from purchase, is that suitable as valuation when coupled with a donation receipt?

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If donating new items with receipt from purchase, is that suitable as valuation when coupled with a donation receipt?

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If donating new items with receipt from purchase, is that suitable as valuation when coupled with a donation receipt?

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