Learn how to estimate the value of clothing for IRS tax deductions as charitable donations. The value of clothing donations to charity are based on published lists of retail values or current thrift store prices. List your donation values on the Form 828
IRS, Donors, and Tax Court Struggle With Used Clothing DeductionsStaff Editors
They say it’s always better to give than to receive. In the case of income tax filing that is true.Charitable contributionscan lead to additional tax deductions. In donating clothing and other goods to a charitable organization, the donor needs to receive an itemized slip from the organization...
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