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Not every in-kind donation is tax-deductible. Donated services, although often welcomed by organizations, generally cannot be written off. IRS Publication 526 outlines what types of donations can be deducted and how to claim a deduction.
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www.guidestar.org/DisplayArticle.do?articleId=804
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If the contribution is subsequently sold within 3 years, the organization must then file form 8282 with the IRS and forward a copy to the original donor. The responsibility of obtaining support for an income tax deduction for in-kind donations falls on the donor, not the nonprofit.
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www.fmaonline.net/media/inkind.pdf
www.fmaonline.net/media/inkind.pdf
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provide an incentive for in-kind donations. In dealing with "problem" organizations that solicit in-kind contributions, the Service must perform a delicate ...
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www.irs.gov/pub/irs-tege/eotopice94.pdf
www.irs.gov/pub/irs-tege/eotopice94.pdf
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Furthermore, this organization affirms that in the e vent it sells, exchanges, or otherwise disposes of the property described in Section B, Part I (or any portion thereof) within 3 years after the date of receipt, it will file Form 8282, Donee Information Return, with the IRS and give the donor a copy of that form.
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www.irs.gov/pub/irs-pdf/f8283.pdf
www.irs.gov/pub/irs-pdf/f8283.pdf
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An in-kind contribution is a non-cash input which can be given a cash value. ... Concept module: in-kind contribution ... Here are some examples of in-kind contributions:
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www.sil.org/lingualinks/literacy/ReferenceMaterials/Glo...
www.sil.org/lingualinks/literacy/ReferenceMaterials/GlossaryOfLiteracyTerms/WhatIsAnInKindContribution.htm
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"We're seeing an increasing number of donations that don't pass the smell test," said IRS commissioner Mark W. Everson. "Donations that are overly inflated or made with strings attached are going to receive increased scrutiny."
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foundationcenter.org/pnd/news/story.jhtml?id=55300002
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Linked to this page is a form to make "in-kind" donations. All rehabbers and members (in fact, anyone willing to donate) can give "in-kind" donations ... this includes professional services, equipment, supplies and any other than monetary donations to Messinger Woods.
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www.webbedworks.com/messingerwoods/inkind_donation.htm
www.webbedworks.com/messingerwoods/inkind_donation.htm
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A key issue in intellectual property donations, as in all other property donations, is whether the property has been appropriately valued. ... From Dancing with the Stars to waltzing with the IRS...
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www.accountingweb.com/item/99375
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An in-kind contribution is a non-cash gift given to a nonprofit. ... Private, nonprofit corporations that raise and manage private donations to support the missions of the colleges, universities and university systems with which they are affiliated. ... To be considered an integrated auxiliary with the IRS,
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www.npgoodpractice.org/Glossary/Default.aspx?index=I
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