Is there a charity that would take old Playboy magazines so that I can deduct the fair-market value from taxes
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I have a bunch that I want to get rid of, but I don’t want to simply throw them out and selling them on eBay or craigslist isn’t worth the time. The money I’d get would probably match the deduction I’d get for the fair-market value of the items. So, if there’s a charity that would take them, I could do this and be rid of them, but I can’t think of one that would take them. Certainly not the thrift operations, for moral and probably business reasons (lack of space).
So, can anyone think of a charity that would?
July 26th, 2010 at 8:32 pm
lol, good luck…
but, the deduction is only worth up to 1/3 of the FMV, assuming that you itemize.
Say the FMV is $100 and you could get $90 on craigslist. By deducting the FMV, you would reduce your tax bill by up to $35. So, you’d be $55 better off trying to sell on craigs list.
20 years of programming
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July 26th, 2010 at 9:37 pm
salvation army takes anything i believe
20 years of programming
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