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Re: [IP] My pump for donation

>A pump is worth a lot of bucks and it is 
>all deductible when you give it to IP or any other charity.

This may seem naove, but I'm curious. Since my insurance company paid
for my pump, how is it then that I could receive a financial benefit
(i.e. tax deduction) for something I didn't pay for outright in the
first place? Just curious about the legality of it all. 

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