What is "donation cost or basis" on the charitable organization worksheet?
what is a cos/adjusted basis?
014990
1 Best answer
Coleen3
Intuit Alumni
Jun 7, 2019 4:26:17 PM
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.
1 Replies
Coleen3
Intuit Alumni
Jun 7, 2019 4:26:17 PM
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.