Donation Deductions

According to the IRS, a taxpayer can deduct the fair market value of various non-cash items donated to a qualified charity. The IRS states "you should claim, as the value, the price that buyers of used items actually pay in consignment or thrift shops". The following values should only be used to assist you when determining the fair market value of your donations. Ultimately, the taxpayer is responsible for assigning the appropriate value to their own donated items.

When determining the values of your donated items please keep the following in mind.

  • Are your items name brand or designer?
  • What is the desirability of your item?
  • What condition is your item in? Excellent? Fair? Poor?

    Click here for estimated deduction values of clothing, appliances, household goods and more. (This file is in PDF format, perfect to print.)

    Other Charitable Deductions

  • Out of pocket expenses - Expenses incurred while performing volunteer charitable work.
  • Fund raising events
  • Monetary donations
  • Mileage expenses - Travel costs incurred while performing charitable work but not reimbursed by the charity.
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