TaxSrv wrote:
"Ron Natalie"wrote:
I agree with Fred here. In the case of something like
a "New Car" the IRS will consider the value to be the
MSRP. However since this isn't the case, some
acceptable appraisal technique (blue book, etc...) will
apply.

The IRS has no basis in case law to enforce MSRP on a car,

Sorry Fred, but if you are really a tax expert, you should do
some research into the issue. The MSRP *IS* what the IRS
values a new car winning as .