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Do I need a special receipt from Goodwill for a large item donation?
I have a large sports card collection that I am going to be donating to Goodwill. Estimated value is around $8,000. Do I need to get a special receipt/appraisal from Goodwill for something this large? How about if I cut it in half, and spread it over multiple years ($4,000 in 2019, $4,000 in 2020)?
I know when I usually make clothing donations to Goodwill, they give me a blank receipt, and I have to itemize the items myself. I am worried that if they give me a blank receipt for this donation, that it might not be enough for the IRS. Is there any special paperwork that I should be asking for when I make the donation?
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‎June 6, 2019
12:16 AM