For tax purposes I need to know how I can
determine the fair market value of a resistor,
capacitor, inductor, or active component in
working condition that is salvaged from
scrapped equipment.

Value of scrapped equipment: $1.

Labor to strip components: $200.

Value of stripped components: Negative $199.

Is this for "income" determination or for "inventory tax" purposes?
Inventory tax has to be the most anti-scrapyard thing ever imagined.

Tim.