close
    a thrift store went out of business and is giving me the invetory he wants me to gtve him something in writing for his tax write off what do i do

    a thrift store went out of busines the owner is giving me all the inventory. he wants something in writing for a tax write off. how do i do this and is there a limit on amount he can write off

    0  Views: 390 Answers: 1 Posted: 12 years ago

    1 Answer

    Do an inventory of everything he gave you with an estimate of the value of each item (a reasonable guess is okay).  This will take time and effort, but it sounds like you'll get some good stuff.  Give him a copy and keep the original. 



    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18061 / Questions: 154
    Karma: 1101K
     
    Colleen
    Answers: 47270 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11322 / Questions: 160
    Karma: 838K
     
    Benthere
    Answers: 2392 / Questions: 30
    Karma: 760K
    > Top contributors chart

    Unanswered Questions

    rik88bet
    Answers: 0 Views: 9 Rating: 0
    vn88bdcom
    Answers: 0 Views: 9 Rating: 0
    da88store?
    Answers: 0 Views: 12 Rating: 0
    da88store
    Answers: 0 Views: 11 Rating: 0
    Sanito
    Answers: 0 Views: 14 Rating: 0
    ?question_title=
    Answers: 0 Views: 13 Rating: 0
    > More questions...
    453152
    questions
    720045
    answers
    757990
    users