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[IP] RE: donated pumps/supplies and taxes

At 8:30 AM -0600 1/27/05, michelle schlight wrote:
>you guys have been asking about donations/pumps and tax credits
>isn't it also true that you cannot claim that value if you  did not actually
>pay for the pump or other supplies (ie it was covered by a third party?)
>just curious
>not a tax expert, but DO pay taxes!!

Do you mean you didn't pay any premiums???    ;>)

What you directly paid for a pump, the deductible amount, is not the 
basis for the deduction.

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