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What is "donation cost or basis" on the charitable organization worksheet?

what is a cos/adjusted basis?
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Coleen3
Intuit Alumni

What is "donation cost or basis" on the charitable organization worksheet?

The original purchase price plus adjustments. For example, if you donated a car that you purchased for $10,000 and made modifications to improve it for an additional $1000, your basis is $11,000.

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Coleen3
Intuit Alumni

What is "donation cost or basis" on the charitable organization worksheet?

The original purchase price plus adjustments. For example, if you donated a car that you purchased for $10,000 and made modifications to improve it for an additional $1000, your basis is $11,000.

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