Donors may deduct only the amount of the payment in excess of the value of the goods or services received
The burden of valuing goods or services received in return for a quid pro quo contribution is squarely on the charity. The charity must make a "good faith estimate" of the value, and the donor may deduct only the amount of the contribution in excess of that value. Don’t consider it an idle exercise. Both the donor and the charity can suffer significances if it isn't done correctly. This Ready Reference Page will explain the rules so that you can do it right.
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