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How do i value wedding dress donation

I want to donate my once worn wedding dress to charity. I bought it for $1700 in August 2016 and the designer (maggie sottero) still lists it on their website. How do I determine tax value?
1 Reply
Opus 17
Level 15

How do i value wedding dress donation

The value is whatever a buyer would pay for the same dress in the same condition (used).  Since wedding dresses are so personal, it may be very difficult to determine a fair value.  You may be better off selling it through a consignment shop and then donating the cash.  Or at least, a consignment shop might be able to give you an estimate of value.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

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