I was just curious....
If you donate items to a non-profit organization and receive a receipt how do you go about putting a value on the items.
I just donated several blood glucose monitors that I only paid the sales tax on. IMHO the value is definitely more than that, I wouldn't value them at the suggested retail, but thought it would be reasonable to give them a $10 - $20value.
Not sure what to do with this. We itemize deductions, which is why I'm asking, not an issue for 2008 but just thinking about this as far as documentation goes for this year.
I may just not even bother claiming it, but just wondering what others take on this was.