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World Community Grid Forums
Category: Support
Forum: Suggestions / Feedback
Thread: tax deduction |
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Thread Status: Active Total posts in this thread: 5
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
If I purchased a computer for the sole purpose of running BOINC, could that be written off as a tax deduction (in the US)?
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
Asked many times....answer still no!
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
Balls.
Could I start a 501(c) group that does nothing but operate computers running BOINC? |
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
Hello jimblor,
The WCG is not listed as a charitable organization with the IRS. Even if it ewere,it would be difficult to charge off a computer unless you donated it to the WCG. A lot of members thought about this when the WCG was first started. None of us were tax lawyers, but our layman's understanding of the matter led us to a consensus - not possible. Lawrence |
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
Folders have been trying to get tax write offs for years without success, so the chances are extremely slim.
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