Donate
your domain name and get a tax deduction !
Yes, it's possible to earn money from your domain name without selling
it: You can donate it and get a tax deduction! Here's how it
works:
- Let's say your domain name is appraised at $10,000.
- Secondly, let's assume that the relevant tax bracket for you is
25%.
- If you donate this domain name as a gift to charity, the IRS
entitles you to deduct $10,000 from your taxable income.
- You enter $10,000 on IRS
Form 1040, line
38 (along with IRS
Schedule A).
$10,000 x 25% = $2,500
tax deduction
- You save $2,500 in taxes!
- Back of the Envelope serves as the Qualified
Appraiser, and provides you with the necessary accompanying signed
paperwork in conformance with IRS Regulations
section 1.170A-13(c)(5)
- Within 10 business days, Back of the Envelope will
mail you the signed paperwork which you can submit to the IRS with
your tax return.
- The price for this service, for a limited time, is
$498 per order (maximum 3 domain names per order).
- This offer applies to U.S. taxpayers only.
- For questions, contact
tax@backoftheenvelope.com
Order now by completing our
secure order form.
Alternatively, you can fax us order details at (305) 422-0630.
Secure Order Form
|
