I'm donation a piece of family heirloom furniture to a non profit. TT is asking me for the purchase price and I have no records. The item is valued between 2500 and 4500 (I'm getting an appraisal). What do I put down for cost? If I put zero it doesn't allow me to deduct anything. The piece clearly has value so can I not simply deduct the appraised value? If so then how do I fill out the part where it's asking for cost?
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