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Case 2:22cv01820MCSRAO Document 561 Filed 09/23/22-Page 1 of 16-Page ID #:525 EXHIBIT Case 2:22cv01820MCSRAO Document 561 Filed 09/23/22-Page 2 of 16-Page ID #:5261 2 3 4 5 6 7 8UNITED STATES DISTRICT
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Taxpayers who want to understand the regulations and guidelines regarding determining the value of donated property for tax purposes.
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Publication 561 provides information on how to determine the value of donated property for tax purposes.
Taxpayers who donate property and wish to claim a deduction on their taxes are required to refer to Publication 561.
Taxpayers should carefully follow the instructions in Publication 561 to determine the value of their donated property.
The purpose of Publication 561 is to assist taxpayers in determining the proper value of property donated for tax deduction purposes.
Taxpayers must report all relevant information related to the donated property, including its description, condition, and fair market value.
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