Quote:
Originally Posted by egbeachley
There is probably no tax deduction for the donation either since there is nothing to deduct from.
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I don't really have any idea what the original owner's tax situation is. But, if he has earned income, capital gains, or an inheritance, I assume the value of the card could be used as a deduction.
But, as always, I will defer to the experts.
Edit to add: Just re-read the original article and I believe you are correct.