Value of Donations for Tax Deduction

Donations When you donate your gently used clothing and household items to charity you can take a charitable tax deduction when you itemize your deductions on Form Schedule A. To help you determine the value of your donated items. use the links from the Salvation Army, Goodwill Industries or DonateGuide.com to determine the value of each item to calculate your tax deduction. Don’t forget to get a receipt from the charity for your donated items and keep it with your tax records.

Salvation Army Donation Guide

Goodwill Industries Donation Guide

DonateGuide.com

Paying it forward with your donations helps those in need which is even more rewarding than a tax deduction!

One Response to “Value of Donations for Tax Deduction”


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