Tax Information for
Charitable Contributions

Tax Deduction

You can receive a tax deduction worth up to two times the cost of your donation. For regular C corporations, your deduction is equal to the cost of the inventory donated, plus half the difference between the cost and fair market-selling price, not to exceed twice the cost. Please consult with your accountant for tax advice.

Tax Deduction

Estimate Your Possible Deduction

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This is an estimate only. Please consult your tax professional for accurate deductions and eligibility.

Links to IRS Tax Information:

How to Claim a Deduction for your Charitable Contributions

Determining the Fair Market Value

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