tax benefits of donation?
gregz at OZNET.KSU.EDU
Mon Feb 14 08:16:38 CST 2005
I have an alum who wants to donate a few thousand insect specimens to
our collection. He's interested in any potential tax benefits. I
don't want to be his tax advisor, and recall a fellow from the IRS
who addressed the issue of declaring a value of donated specimens for
tax purposes at an Entomological Collections Network meeting some
years ago. He wasn't very keen on assigning value to specimens.
Do folks still use a standard "per specimen deduction" for specimens
that they donate?
Dept. of Entomology
123 Waters Hall
Kansas State University
Manhattan, KS 66506-4004
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