Quote:
Originally Posted by hscmit
you are also getting something in return, which voids the deduction to begin with  |
Actually, it only voids the deduction up to the market value of the good/service received. IE - if you buy a $2,000 car (market value determined from Kelly's blue book in this scenario) for $90,000 at a Susan G. Komen Breast Cancer Awareness event, you could deduct $88,000 as a Charitable Contribution (assuming SGKBCA is a 401(c)(3) corporation).
Of course, in this scenario with Tatuaje, I can assure you the Market Value of the sampler + swag that is being tossed around would be accepted as more than $150
But back on topic - I doubt I'll pick this up. I like the Tat LEs if I can find them, but I gave up actively pursuing them a while ago. Now I have to see them in the WTS section or in my local B&M to care
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