Last week I shaved my pubes and donated them to locks of love or whatever to make wigs for kids with cancer. How much can I write this off my taxes.
2006-09-13 09:16:14 · 7 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
First of all you would need to know if the group that you donated to is a authorized charity. You can ask them if they are a 501(3) organization. Secondly they should give you a receipt with a description of the items donated. It is your responsibility to establish the value. That is normally done by determining the fair market value of like items sold on the open market. You may need to do a little research.
2006-09-13 10:34:21 · answer #1 · answered by ? 6 · 0⤊ 0⤋
First of all, gross, second of all they have to give you a receipt stating you donated the hair, and then you claim the value of it on your taxes. Usually the company accepting any tax deductable donation has to give you an estimate of cost.
2006-09-13 16:24:03 · answer #2 · answered by MrsDiaz 2 · 0⤊ 0⤋
First: Locks of Love only accept human hair that are lat least 10 inches long.
Second: Unless you can prove your financial sacrifice, there is no tax deduction.
2006-09-13 17:53:46 · answer #3 · answered by JQT 6 · 0⤊ 0⤋
Well, you need 10 inches of hair in order to donate, so I guess, as a practicing CPA, my answer would be EWWW!
2006-09-13 17:15:58 · answer #4 · answered by SuzeY 5 · 2⤊ 0⤋
Only the cost of removal and transportation is deductible.
2006-09-14 02:17:41 · answer #5 · answered by Scott K 7 · 0⤊ 0⤋
SINCE you donated your PUBES..you are unable to claim anything.. but I am sure that you did no such thing...THANKYOU for the ENJOYMENT.
2006-09-13 16:24:10 · answer #6 · answered by Terry 3 · 0⤊ 1⤋
first of all did they take them? they have to accept it first.
2006-09-13 16:18:54 · answer #7 · answered by Anonymous · 0⤊ 0⤋