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[N4SRN]

I am considering donating some Ham gear (radio hardware) to a 501c3 organization. Does anyone know the non-cash tax deduction status for 501c3 organizations?

Bret/N4SRN

[K4GTE]

Our ARES group is a 501c3 group. When we receive equipment donations, we give a receipt for estimated average value. Seems to please donors.

[K1KIM]

I am considering donating some Ham gear (radio hardware) to a 501c3 organization. Does anyone know the non-cash tax deduction status for 501c3 organizations?

Bret/N4SRN

Other than a good deed, which I am all for, there is rarely any financial advantage with today's tax laws regarding deductions.

Nonetheless a great thing to do!

[W9IQ]

You can declare the reasonable value of the gift to the foundation with which they must agree and provide you a receipt so indicating. However, to take advantage of this on your tax returns, you need to forego the now sizable standard deduction of $12,950 single, $25,900 joint or $19,400 head of household. So if you cannot claim at least that amount of charitable giving and other deductions, there is likely no tax advantage. Consult with your tax advisor to be certain in your particular situation.

But as Andy said, it is still a great thing to do.

- Glenn W9IQ

[K1KIM]

And now that the maximum RE tax deduction is $10,000, many people are filing with the standard deduction that never before did so.

That one hurts depending on where you live.