I bought a jersey at a charity auction. The auction sponsor is no longer available to provide a basis for the value. Can I use the bidding starting value the basis?

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I bought a jersey at a charity auction. The auction sponsor is no longer available to provide a basis for the value. Can I use the bidding starting value the basis?

If the starting amount is something that can be documented, you might be able to use the starting bid as a reasonable estimate for the cost basis that you actually paid for the jersey.

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I bought a jersey at a charity auction. The auction sponsor is no longer available to provide a basis for the value. Can I use the bidding starting value the basis?

If the starting amount is something that can be documented, you might be able to use the starting bid as a reasonable estimate for the cost basis that you actually paid for the jersey.

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I bought a jersey at a charity auction. The auction sponsor is no longer available to provide a basis for the value. Can I use the bidding starting value the basis?

I bought a jersey at a charity auction. The auction sponsor is no longer available to provide a basis for the value. Can I use the bidding starting value the basis?

I bought a jersey at a charity auction. The auction sponsor is no longer available to provide a basis for the value. Can I use the bidding starting value the basis?

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I bought a jersey at a charity auction. The auction sponsor is no longer available to provide a basis for the value. Can I use the bidding starting value the basis?

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I bought a jersey at a charity auction. The auction sponsor is no longer available to provide a basis for the value. Can I use the bidding starting value the basis?

I bought a jersey at a charity auction. The auction sponsor is no longer available to provide a basis for the value. Can I use the bidding starting value the basis?

Unlock tailored help options in your account.

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