Finding original prices for old computer equipment

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Skinypupy
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Finding original prices for old computer equipment

Post by Skinypupy »

I also posted this in EBG, but figured the real techies hang out here. :)

I've got a really old Mac system that we used to use to do our graphic design. It's not used anymore, so we're donating it for the tax write off. According to my accountant, we can write off amount you originally paid for it. Problem is, it was purchased before I started in that department, and no one has a record of how much it cost. Any suggestions?

My google-fu is weak this morning. Help me Obi-Wan, you are my only hope...
When darkness veils the world, four Warriors of Light shall come.
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Giles Habibula
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Location: Bismarck, North Dakota USA

Post by Giles Habibula »

Take your best guess. If you can't find the value, the IRS won't be able to either...

On the other hand, don't you need a receipt or something for a write-off?
"I've been fighting with reality for over thirty-five years, and I'm happy to say that I finally won out over it." -- Elwood P. Dowd
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dobberhd
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Joined: Mon Oct 18, 2004 7:45 am

Post by dobberhd »

I believe you only need a letter from the place you gave it to thanking you for the donation. That's how my school handles it. You are then able to let the thank you stand for how much you want it to (within reason.)
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