[meteorite-list] SM17 donated to UC Davis

From: Dennis Miller <astroroks_at_meteoritecentral.com>
Date: Thu, 31 May 2012 10:02:34 -0500
Message-ID: <BAY167-W27A3317F0FD10DC8240A53B10B0_at_phx.gbl>

If it is an item that the IRS does not require an appraisal, and if it is donated to a non-profit

school, it is deductable. But, the item must be valued at a relative value or at a fair market

value. Don't let the value be mottled by an "Intrinsic Value". The IRS will not understand!!!

Dennis Miller


 P.S. If audited, don't quote me!!

      I'm Not A CPA!!!

 



> Date: Thu, 31 May 2012 10:15:17 -0400
> From: meteoritemike at gmail.com
> To: meteorite-list at meteoritecentral.com
> Subject: Re: [meteorite-list] SM17 donated to UC Davis
>
> Hi List,
>
> Just out of curiosity, are these donations tax deductible in the US?
>
> Best regards,
>
> MikeG
>
> --
> -----------------------------------------------------------
> Galactic Stone & Ironworks - MikeG
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>
>
> On 5/31/12, karmaka <karmaka-meteorites at t-online.de> wrote:
> >
> > Gregory Jorgensen has donated his Sutter's Mill specimen (SM 17 , 7.2 g) to
> > UC Davis.
> >
> > http://www.news.ucdavis.edu/search/news_detail.lasso?id=10246
> >
> > Martin
> >
> >
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Received on Thu 31 May 2012 11:02:34 AM PDT