Throughout the year, as you clean out your closets, remember to make an itemized listing of the donations you give to charity. You’ll need this information along with the value of your items for the IRS at tax time to claim your deduction.
They have lists of commonly donated items and their typical values. Good information to back up your tax-deduction records.
DONATION VALUATION RESOURCES
Software for evaluating the worth of your donations; it’s especially handy if you have multiple items to donate.
The Goodwill Valuation Guide is a pdf booklet with values for common household item donations.
I DONATED IT
There’s even an iPhone and iPad App for tracking donations, recording their value and creating a report for your tax return.
A Donation Valuation Guide is available on their website for estimating the value of your donated goods for tax purposes.
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