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Old Mar 27, 2011 | 11:00 am
  #20  
thedoorchick
 
Join Date: Mar 2009
Location: Texas
Programs: AA PLT, AA 1MM, Marriott GLD
Posts: 473
Donors give items and list very high imaginary values for them, presumably for their own tax deductions. I notice it most on travel-related items but it probably holds true on everything.
There may be business reasons for donors inflating values assigned to these items, but for tax purposes, the deduction cannot be greater than the cost (for a business), so there is no tax advantage to inflating these amounts.
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