I donated 150 knitted hats to qualified charity with @ $3 each. The total yarn cost was about $430. What is my charit ded and how do I report it through the software?

Mcb05003 · ‎February 8, 2023

xmasbaby0 · ‎February 8, 2023

You cannot deduct anything for your time, skill or expertise. You can only deduct the cost of the supplies you used to knit the hats. If you drove to the charity to deliver them you can also enter some mileage.

Federal>Deductions and Credits>Charitable Donations

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Mcb050031 · ‎February 8, 2023

Do I just choose household items as category for donation and what method used to determine value should be selected?

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I donated 150 knitted hats to qualified charity with @ $3 each. The total yarn cost was about $430. What is my charit ded and how do I report it through the software?