Taxpayer donates two vehicles to charity at end of 2008. First one is a
1994 sedan and the other is a 1996 truck. Both are running but have been heavily used. Both vehicles were used for business by the taxpayer who files a schedule C. TP took standard mileage on both vehicle over the years as a business expense. TP has letters from the charities acknowledging the donation and that is it less than $500.Can the taxpayer take the fair market value of the donation on schedule A as a charitable donation for fair market value or because they took standard mileage rate do you consider it's basis as fully depreciated since they owned the car more than 5 years and took standard mileage and therefore not be able to take anything as a deduction.
Thanks for any input.