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I have a power chair that my husband used before he passed away. My son helped purchase the power chair and we're wondering if he can donate the property and claim a charitable deduction on the full value of the power chair?


ANSWER


Expert Mark Anderson's Answer:

If the chair is used, then you typically get the fair market value or current value.   The IRS will probably disallow the full cost if you get audited.  I hope this answers your question.  

Mark Anderson, JD

Montana

21 yrs experience

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