Deductions & credits

Since the prices charged at thrift stores vary from one to the next, a good way to value your donated items (if you don't use ItsDeductible) is to find an item on ebay that is as close to the item you are donating (fabric, condition, style, etc.).  Be sure to use the SOLD value, though, since not everything posted on ebay sells for the price asked.  ItsDeductible uses ebay values and updates their prices periodically over the year as prices change.