I had to research the tax treatment of paintings donated by an artist to a non-profit organization a few years ago for a client. She was not entitled to a fair market value deduction for the donation of "self-created artworks". The clients were disappointed, to say the least.
In general, businesses get a charitable deduction for the cost of property they donate, and individuals get a deduction for the fair market value of donated items. But the "self created artworks" rule seems to trump the generality.
You could take a deduction for the out-of-pocket expenses for what ever you have to do to donate the typescripts; mailing, packaging, maybe insurance.
I heard someone say once that the answer to every tax question is "It depends". Not knowing what entity actually owns the typescripts leaves me with some questions...
IRS Rules for self-created artwork
In general, businesses get a charitable deduction for the cost of property they donate, and individuals get a deduction for the fair market value of donated items. But the "self created artworks" rule seems to trump the generality.
You could take a deduction for the out-of-pocket expenses for what ever you have to do to donate the typescripts; mailing, packaging, maybe insurance.
I heard someone say once that the answer to every tax question is "It depends". Not knowing what entity actually owns the typescripts leaves me with some questions...