Deductions & credits


@RKHEDGE168 wrote:

How fo I obtain the forms to file my gifts

Do I just keep the receipts?


If you donate items to a charity, you can enter them in the Gifts to Charity section of Turbotax.  You can use ItsDeductible values for used items, or use the price you paid if you purchased and donated new items.  For proof, you generally need proof of the value of the items, and proof from the organization that you made a donation (a letter or acknowledgment, the letter from the organization does not have to list the items or their values, that comes from your separate proof.)

 

If you give non-cash items totaling more than $500, Turbotax will generate a form 8283 and attach it to your tax return.  You don't need to send additional proof to the IRS, but keep your proof with your other important tax papers for at least 3 years in case of audit.