Man Surrenders AR-57 to Police

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  • Lex Concord

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    I wonder if that qualifies as a charitable deduction with the irs.

    Maybe...

    Internal Revenue Service said:
    Example 1. You contribute cash to your city's police department to be used as a reward for information about a crime. The city police department is a qualified organization, and your contribution is for a public purpose. You can deduct your contribution.

    from Publication 526

    For gifts other than cash, if the value exceeds $500 (and that's all gifts to all orgs combined) you are required to include documentation describing the item and how you determined the "fair market value" you are attempting to deduct.

    I'm guessing his incredibly public handover could stymie any efforts to claim it was a gift.
     

    actaeon277

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    I live in NW Indiana about 25 min from Chicago, today some dope turned in his AR-15 into the police so of course the news media
    was there happily covering this guy who "did the right thing". What a joke.

    Anyway, the news media said all guns turned in to the police are destroyed, not resold.

    The media may have said it, doesn't mean it's true.
    We melt guns at the steel mill.
    But I'm sure quite a few found homes with officers. After all with 400,000 pounds of steel, no one's going to notice the weights off by a few pounds.
    Hell, the weight scale tolerance is plus or minus 1,200 pounds.
     

    IndyTom

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    The media may have said it, doesn't mean it's true.
    We melt guns at the steel mill.
    But I'm sure quite a few found homes with officers. After all with 400,000 pounds of steel, no one's going to notice the weights off by a few pounds.
    Hell, the weight scale tolerance is plus or minus 1,200 pounds.

    Totally off-topic, but what I'm reading is that you could hook someone up with a 100 pounds of decent steel for their new smithing hobby? :)
     

    actaeon277

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    Totally off-topic, but what I'm reading is that you could hook someone up with a 100 pounds of decent steel for their new smithing hobby? :)

    The slabs we make where I work (BOP/Caster) weigh around 14 tons, if I remember right.
    So.. if you have one of these...

    steel-mill-kress-slab-hauler.jpg
     

    Opie

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    So.....

    The PD will trade it in for ammo or duty weapons. The vendor will then sell it back to the public. Gun survives.
     
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