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DONATION VALUATION GUIDE. The following list of typical ReStore items reflects a suggested range value for determining income tax deductibility. This guide is not all inclusive and may not recognize special circumstances. In all cases, donors should refer to official IRS instructions for Form 8283, Non-cash Charitable
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 price ranges for items commonly sold in Goodwill® stores. Assume the following items are in good condition, and remember: prices are only estimated values.
27 Mar 2017 An added bonus: You get a tax deduction for your charitable donations if you itemize deductions. However, it's your job to keep track of the items you give to charity so you can report their value to the Internal Revenue Service. The IRS says donated clothing and other household goods must be “in good
26 Dec 2017 Publication 561 is designed to help donors and appraisers determine the value of property that is given to qualified organizations. This publication is designed to help donors and appraisers determine the value of property (other than cash) that is given to qualified organizations. It also explains what kind of

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.
IRS Publication 561, Determining the Value of Donated Property, gives a good explanation of how these factors should be used to determine an item's fair However, some nonprofits have guidelines that describe what they will and will not accept and these can be helpful for providing guidance on what the IRS might
Donation Value Guide. 1-800-SA-TRUCK (1-800-728-7825). 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 high estimates. Please choose a value within this range that reflects your item's relative age and quality
Use the Donation Value Guide to help determine the approximate tax-deductible value of items commonly donated to The Salvation Army.
To help substantiate a deduction for the fair market value of used items donated to charity, make a list of each item donated on a separate sheet of paper along with the following information: • Name and address of charity. • Date items were donated to the charity. • Descriptions of each item donated. • Fair market value of

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March 2018