I am thoroughly confused about how to enter non-cash donations. My husband died in January 2024, and I am itemizing for 2025. I donated hundreds of clothes, footwear, and household items ranging from...
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I am thoroughly confused about how to enter non-cash donations. My husband died in January 2024, and I am itemizing for 2025. I donated hundreds of clothes, footwear, and household items ranging from S hooks to mesh drawstring pouches, toilet bowl cleaning cartridges, flash drives, car cup holder extenders, etc. I made these donations to 3 different charitable thrift shops in 16 different batches on different days, and many of the batches totaled over $500 in FMV. The FMV of individual items are mostly under $20, with a few exceptions for new (still in original packaging or with tags on), high-quality brands, and none of those have an FMV over $50. 1. Does the $500 rule apply to each batch or to all the donations to a single charity? 2. Does the $5,000 rule apply to each batch or to all the donations to a single charity? 3. How, exactly, do I enter these in TurboTax? I entered them in Deductible Duck and imported the TXF file, but TurboTax only took the totals for each batch, labeled each with "Needs Review," and Smart Check is requesting the acquisition date, cost/adjusted basis, etc. on the whole lot instead of the particular items. I have no idea about even the individual items, since I didn't buy most of them or years have gone by since. Same problem when I click on the Edit icon, though at least there it lets me say I got "the item" over multiple dates. 4. Do I consider items that my husband bought as purchases or inheritance? Thank you for whatever help you can provide.