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IRS Guidelines. If you itemize deductions on your federal tax return, you may be entitled to claim a charitable deduction for your Goodwill donations. According to the Internal Revenue Service (IRS), a taxpayer can deduct the fair market value of clothing, household goods, used furniture, shoes, books and so forth.
The Donation Value Guide below helps you determine the approximate tax-deductible value of some of the more commonly donated items. It includes low and
27 Mar 2017 If you donated clothing or household goods to Goodwill or the Salvation Army this year, find out the tax donation value of the items for your tax
Valuation Guide for Goodwill Donors. The U.S. Internal Revenue Service (IRS) requires donors to value their items. To help guide you, Goodwill Industries
Need help determining the value of your donation for tax purposes? Use the list below as a general guide to assess the “fair market value” you can claim on your
2 Aug 2017 How to Get Tax Deductions on Goodwill Donations. Goodwill is a large non-profit organization in the United States and Canada with a mission
Items must be in good condition or better in order to claim a tax deduction. Get started with our donation valuation guide, which features estimates for the most
The U.S. Internal Revenue Service (IRS) requires donors to value their items. To help guide you, Goodwill Industries International has compiled a list providing
When making a donation to Goodwill, ask the sales associate for a receipt. How much can you deduct for the gently used goods you donate to Goodwill? The IRS allows you to deduct fair market value of used items in gently used condition. The quality of the item when new, and its age must be considered.
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