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Re: [IP] RE: donated pumps/supplies and taxes



> At 03:13 PM 1/27/2005, Michael wrote:
> ><cheap plug IP>
> >so if you have something worth a bundle that you didn't pay much for
> >that you'd like to donate, just remember Insuln Pumpers when the time
> >comes. </cheap plug for IP>
> >
> >Michael
> 
> Michael, I understand that you can't send a statement as to the value of
> an item donated, but do you just send a statement or acknowledgement
> that an item, such as a pump, was donated?
> 
> RoseLea
> .
> ------------------------

I send back an itemized letter of acknowledgement along with several 
pages of info from various IRS documents explaining their valuation 
categories, limitations and rules. Usually it's 5 pages.

Michael
.
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