Tax Information for Non-Cash Charitable Contributions
The Federal government encourages your generosity by allowing you to deduct your charitable gifts on your income tax return if you itemize. Gifts to the UMass Libraries may be tax deductible and are acknowledged in writing. Please be aware that a written acknowledgment is needed to substantiate your deduction and should be retained with your permanent record.
There are certain Internal Revenue Service (IRS) guidelines that must be followed to assure your charitable deduction.
Determining the Value of Donated Property
Charitable Contributions
Form 8283 and instructions
For comments or suggestions concerning this page, please contact: Steve McGinty
Last Edited: 22 January 2009
