ST Alpha - "should have donated it to purple heart - tax deduction is up to $500 -- nm" (Reading a Post)

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In response to "answer: $200!" by moles

should have donated it to purple heart - tax deduction is up to $500 -- nm

Posted by decline (aka Decline) Feb 15 '11, 10:55

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Responses:

We tried to do this; it's a total pain in the ass to qualify. - David Feb 15, 11:10
I thought you could only right off what they end up selling it for? -- nm - Epiphany Feb 15, 11:01 4
- that seems to be the case, though I don't know if the IRS has updated its rules since... -- (link) - znufrii Feb 15, 11:05 2
  - but you only need the written acknowledgement if you're deducting more than $500. -- nm - znufrii Feb 15, 11:07 1
    - thanks everyone -- nm - Epiphany Feb 15, 11:16
- Not here. -- nm - Spawn Feb 15, 11:02
I'd still take the $200 -- nm - znufrii Feb 15, 10:57
"hey, here's a car that needs $2k of repairs, at least. have fun!" -- nm - moles Feb 15, 10:56 6
- Then they turn it in for the 2 hundy. -- nm - Amy Feb 15, 10:58 4
  - Exactly. -- nm - Spawn Feb 15, 11:00 3
    - well, sorry OAE, i'm just a selfish bastard! -- nm - moles Feb 15, 11:01 2
      - bery, can we make the Pixie Board the first new one? -- nm - Spawn Feb 15, 11:03
      - ~yeah, I'm a selfish bastard but at least I'm not alone~ -- nm - Epiphany Feb 15, 11:02
- Purple Heart accepts any car, running or non-running. -- nm - decline Feb 15, 10:57

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