Tuesday, December 28, 2010

Need a tax deduction? Donate to the library!

If you have an excess of gently used items that are 3 years old or less including books, videogames, DVDs, audiobooks, or other resources, consider donating them to the library. (No VHS, beta, or cassette items please). Those items will get put to good use by either being added to the collection or being sold at the Friends of Mukwonago Community Library book sale. Those donations are also tax deductible.

We also have drives for certain items at different times of the year. Currently the library is looking for gently used children's books to use as Reading Challenge prizes. Some of the prizes can already be seen on display in the library. A big thank you to all of you that have donated!

How does the donation process work?

Anytime the library is open bring in your donation items to the circulation desk. Upon request a receipt of the donated value of the goods will be distributed to the donor. If it is a larger donation the creation of an itemized list will be considered for special occasions.

It is the responsibility of the donor to assess value of items being donated. For more information on item assessment value please reference the IRS's Publication 561 (4/2007) that gives an explanation on how to assess the value of donated items. If you have more questions about itemized deductions please speak with your tax preparer.

An, of course, donations of cash or checks are always most welcome, especially now when we are getting very close to meeting our fundraising goal for the capital campaign. We will send you a thank you letter with the amount of your donation included. For those donations please stop in while the library is open or send them to Attn: Director Nick Weber, 300 Washington Ave, Mukwonago, WI 53149. Or if you have any questions please call Nick Weber at 262-363-6411.

Thank you and good luck with Uncle Sam!

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