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Old Jun 27, 01, 5:49 pm
  #14  
worldbanker
 
Join Date: Sep 2000
Location: Jersey Isle
Programs: BA Gold, BMI Gold, LH Senator, Hyatt Diamond
Posts: 1,175
Important to keep all receipts and document everything. If you donate enough that allows you to claim deductions, you will need to present proof if the time comes. As an individual, if your donation exceeds $2800 in a year, you can claim itemized deductions.

Since cereal bar wrappers are unopened, you should be able to get full value deduction of purchase price. There is no depreciation for cutting out a piece of cardboard. Unless you let the waffles defrost for 2 months in your garage.

Again though, ask your tax advisor first before taking any steps.

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"Fly me to the moon and let me earn alot of miles."
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