East-Tec Logo

Tax deduction when donating computers

Besides the fact that your old computer donation may end up helping others in a school lab, library, foster home, animal shelter or community center, did you know that this positive action may qualify you for a tax deduction?

In the US, there are tax laws which allow individuals to deduct the current market value of a computer. Businesses can deduct the un-depreciated value of the computer. Also, businesses should confirm their eligibility for deductions with their tax advisor.