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Thread: Soap donation?
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Old Feb 23, 2004, 8:31 am
  #12  
wharvey
Flyertalk Evangelist and Moderator: Coupon Connection and Travel Products
 
Join Date: Jul 2000
Location: Milton, GA USA
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I donate this stuff all the time... to a local shelter... I have never thought of taking a deduction anyway.

How do you value the donation? According to IRS regulations, you can only take a deduction for what you "paid" or received consideration for. I doubt the hotel would have changed your rate if you said "I do not want the tolietries". As such, you have no true "cost" for those items. SO, there is really no TRUE value you can place on the items.

Of course, that does not mean people do not try to gain a value... but does not seem right.

William
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