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Deductions & credits
No. That's like expecting the car dealer to pay for you washing your car prior to trading it in. Only the FMV of the items donated can be claimed. Do keep in mind however, that charitable donations are an itemized deduction on SCH A and until the total of all itemized deductions exceed your standard deduction, they have no impact on your tax liability, It's going to be a lot tougher for 2018 and beyond reaching that too, since the standard deduction has doubled to $12K for single and MFS, and $24K for MFJ.
‎June 3, 2019
10:15 AM