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Deductions & credits
It depends. If you donated personal and household items, adjusted basis of donated item/s is the FMV at the time it was donated, usually a thrift store value. The non-cash donations over $500 must be itemized on form 8283 while donation of more than $2,500 need an appraisal from a licensed appraiser company..
‎February 25, 2021
6:28 PM