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GUC
(redirected from Good Used Condition)

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AcronymDefinition
GUCGerman University in Cairo (Egypt)
GUCGlobal Unichip Corp.
GUCGood Used Condition
GUCGwinnett University Center (Georgia Perimeter College - Lawrenceville, Georgia)
GUCGunnison, CO, USA - Gunnison County Airport (Airport Code)
GUCGallant Unit Citation (US DoD)
GUCGeneral User (Training) Course
GUCGood User Certificate (European Software Institute)
GUCGod's Unwanted Children
GUCGrowing Up Creepie (TV series)
GUCGreenville Utilities Company (Greenville, NC)
GUCGreenleaves Utility Company, Inc (Mandeville, LA)
GUCGenerator Unit Controller


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If the item is in good used condition or better and a deduction of more than $500 is claimed, the qualified appraisal is not required (unless the value is more than $5,000), but Form 8283 must be filed.
Other notable charity-related provisions within the PPA are: Limited charitable deduction--The PPA provides that no deduction is allowed for a charitable contribution of clothing or household items unless the respective item is in good used condition or better.
In cases of donated household items that are not in good used condition or better and the amount claimed is more than $500, the taxpayer must include an appraisal with the tax return.
 
 
 
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