Question: Tanner corporation, a computer maker, donated computers to a qualified educational institution. The computers were manufactured by Tanner and the educational insititution will use the
Tanner corporation, a computer maker, donated computers to a qualified educational institution. The computers were manufactured by Tanner and the educational insititution will use the computers for research and research trainjng. Tanners basis in the computerz is $40,000 and the fair market value is $150,000. What is the amount of Tanners tax deduction for the computers? ignore the income limitation
$0
$40,000
$80,000
$150,000
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