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Deductions & credits
If you enter non cash contributions that are more than $500.00; the TurboxTax software you are using will complete the Form 8283 automatically and it will be included in your tax return.
It seems that you have been very resourceful by keeping record of the value of your donated items.
Remember, you must fill out Form 8283 (PDF),Noncash Charitable Contributions, and attach it to your return, if your deduction for a noncash contribution is more than $500. If you enter non cash contributions that are more than $500.00; the TurboxTax software you are using will complete the Form 8283 automatically and it will be included in your tax return.
Donations valued between $1-250 require a receipt from the charity unless it is impractical to get one - like if you dropped clothing off in a bin or unmanned drop-off location. Donations between $251-500 require a receipt from the charity with the name, address, date, location and items. Donations between $501-5,000 also require a record of how and when the items were acquired and their adjusted basis. Donations valued over $5,000 may also require a written appraisal.
For any contribution of $250 or more (including contributions of cash or property), you must obtain and keep in your records a contemporaneous written acknowledgment from the qualified organization indicating the amount of the cash and a description of any property contributed.
The acknowledgment must say whether the organization provided any goods or services in exchange for the gift and, if so, must provide a description and a good faith estimate of the value of those goods or services. One document from the qualified organization may satisfy both the written communication requirement for monetary gifts and the contemporaneous written acknowledgment requirement for all contributions of $250 or more.
It seems that you have been very resourceful by keeping record of the value of your donated items.
Remember, you must fill out Form 8283 (PDF),Noncash Charitable Contributions, and attach it to your return, if your deduction for a noncash contribution is more than $500. If you enter non cash contributions that are more than $500.00; the TurboxTax software you are using will complete the Form 8283 automatically and it will be included in your tax return.
Donations valued between $1-250 require a receipt from the charity unless it is impractical to get one - like if you dropped clothing off in a bin or unmanned drop-off location. Donations between $251-500 require a receipt from the charity with the name, address, date, location and items. Donations between $501-5,000 also require a record of how and when the items were acquired and their adjusted basis. Donations valued over $5,000 may also require a written appraisal.
For any contribution of $250 or more (including contributions of cash or property), you must obtain and keep in your records a contemporaneous written acknowledgment from the qualified organization indicating the amount of the cash and a description of any property contributed.
The acknowledgment must say whether the organization provided any goods or services in exchange for the gift and, if so, must provide a description and a good faith estimate of the value of those goods or services. One document from the qualified organization may satisfy both the written communication requirement for monetary gifts and the contemporaneous written acknowledgment requirement for all contributions of $250 or more.
‎June 7, 2019
2:57 PM