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Level 1
June 8, 2022
Question

Claiming prescriptions donated

  • June 8, 2022
  • 1 reply
  • 16 views

I donated a large amount of insulin and other drugs to a walk-in free clinic after my husband passed. Can I claim as a charity deduction?  If so, what amount, because there are two:

1. The amount charged  by the drug maker (so the worth of the drug?)

2. The amount I paid to the pharmacy.

    1 reply

    AdamNe
    Level 6
    June 8, 2022

    Hello @PeggyFromIowa !

     

    Unfortunately, you can only claim the fair market value of items donated as a tax deduction. Because prescription drugs have no resale value to you, you are not able to claim them as a tax deduction when you donate them. 

     

    I hope that helps!

     

    All my best,

    Adam, EA

    TurboTax Live Expert

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