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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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rdrangr
Cruncher Joined: Nov 17, 2004 Post Count: 3 Status: Offline Project Badges: 
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Is there a money value that can be placed on CPU hours as a tax deductable contribution? This would be a great incentive to encourage participation.
I work for a major corporation with thousands of PCs that spend a lot of time idle. Of course, using this software and access through the company firewall requires authorization, but this tremendous resource could be exploited if the company found that there was something to be gained, i.e. a tax write-off. It could be implemented company-wide via network installation. |
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
Cool suggestion, it will definitely encourage every PC out there to run these distributed projects and those building supercomputers could be losing their jobs as all the cost and computing power of those supercomputers is inferior compared to billions of connected PCs.
Only if there are some politicans out there reading this thread. |
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
Sure. Figure out how much electricity it is costing you. I doubt you'll be able to get a deduction for the ciomputer since you already own it. Then decide if the couple of pennies you'll save on your taxes is worth being audited and fighting it. With a good enough lawyer I'd hope you would win.
$10 deduction 1 in 50 chance of being audited. Can you fight it for less than $500? I'd imagine not. |
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
I'd imagine you could, theoretically, write off the portion of the computers total cycles that get used in this endeavor. So you'd just have to figure out what that is and there you go....
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
How would you put a monetary value on clock cycles?
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