are contributions to a food bank deductible? If so, if the donation was 41lbs of non-perishable goods, how is the value calculated?

posted

Connect with an expert

1 Reply

are contributions to a food bank deductible? If so, if the donation was 41lbs of non-perishable goods, how is the value calculated?

Yes, they are, if you itemize deductions on your return. You can deduct what you paid for the donated items.

See the TurboTax article Standard Deduction vs. Itemized Deductions: Which Is Better? for information on itemizing.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post