2848146
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Claim Computer Monitor Donation

I am wondering if I can claim a donation of two computer screens at replacement value?
If I can which form should I use? what documents are required?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Vanessa A
Expert Alumni

Claim Computer Monitor Donation

In order to take a deduction for the donation of your computer monitors, you would need to itemize your return instead of taking the standard deduction. If the total of all of your Itemized Deductions are not greater than your Standard Deduction, then you would not see any difference in your return for that donation. 

 

Your Itemized Deductions include, charitable donations, property taxes, state and local income taxes, mortgage interest and medical expenses in excess of 7.5% of your AGI. 

 

If you are Itemizing, you would value your monitors at market value, meaning the price you could sell them for. This would all be reported on Schedule A. You would enter it in the Deductions and Credits section of TurboTax using TurboTax Deluxe or higher. 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

2 Replies
Vanessa A
Expert Alumni

Claim Computer Monitor Donation

In order to take a deduction for the donation of your computer monitors, you would need to itemize your return instead of taking the standard deduction. If the total of all of your Itemized Deductions are not greater than your Standard Deduction, then you would not see any difference in your return for that donation. 

 

Your Itemized Deductions include, charitable donations, property taxes, state and local income taxes, mortgage interest and medical expenses in excess of 7.5% of your AGI. 

 

If you are Itemizing, you would value your monitors at market value, meaning the price you could sell them for. This would all be reported on Schedule A. You would enter it in the Deductions and Credits section of TurboTax using TurboTax Deluxe or higher. 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Claim Computer Monitor Donation

Any property you donate to charity is valued at the fair market value-- what a buyer would pay a seller in an open sale for the same or similar item in the same or similar condition.  A used monitor does not have the same value as a new monitor.  To find values of used computer equipment you might review Facebook Marketplace, eBay, or similar web sites.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question