[vcf-midatlantic] IBM 360 Panel in NYC

[william degnan]

On Mon, Nov 23, 2015 at 5:54 PM, Evan Koblentz via vcf-midatlantic <
vcf-midatlantic at lists.vintagecomputerfederation.org> wrote:

> >> We give you a letter describing your donation.  You and your tax
> advisor have to figure out what it's worth and what it does to your taxes.
>
> Corey, your statement is a little over-guarded there. :)
>
> Fact: donations to 501c3 organizations are tax-deductible. We are a 501c3.
> Therefore donations to us are tax-deductible.
>

You certainly don't get a 1:1 deduction, and different types of donations
have different donation values.  Corp vs. personal, state vs. federal.
It's very situation dependent.

Best thing is to record it, ask  your accountant to use if it helps.
Sometimes you don't want a deduction that year, you can defer to the next
year instead.

-- 
Bill