Noncash donation is part of a larger property. Do I enter original purchase price of the whole property? Or do I calculate the fraction that was donated?
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Noncash donation is part of a larger property. Do I enter original purchase price of the whole property? Or do I calculate the fraction that was donated?
posted
March 21, 20255:47 PM
last updated
March 21, 20255:47 PM
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Noncash donation is part of a larger property. Do I enter original purchase price of the whole property? Or do I calculate the fraction that was donated?
If you only donated a part of the property, only enter the fraction of the property you donated.