turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Cris
Level 3

Is there any value in entering Goodwill donations if TT recommends using the Standard Deductions?

I have always used "It's Deductible" within TT, but this year it is not available.  I looked at the last 2 years to see the value of my donations (as determined by It's Deductible). The 2023 value was the largest (for discussion purposes let's say it was $1000) and in 2025 I donated less than I did in 2023 (less trips and less items).  So, I am confident that my 2025 donations would be less than the 2023 value.  So, I keyed in the $1000 into TT and TT determined that the Standard Deduction saves me the most.   Since I have always used It's Deductible in past years I have detailed Goodwill contributions included within TT.   So, is it even worth my time to enter these donations into TT for 2025? I thought about signing up for Deductible Duck, DeductAble or That's A Write-off to itemize and provide FMV for my 2025 Goodwill contributions but wondering if there are any good reasons to do so given that the Standard Deduction saves me the most.  What are your thoughts on this? 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
CatinaT1
Expert Alumni

Is there any value in entering Goodwill donations if TT recommends using the Standard Deductions?

No. If you are not itemizing there is no need to keep track or enter the information. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

4 Replies
CatinaT1
Expert Alumni

Is there any value in entering Goodwill donations if TT recommends using the Standard Deductions?

No. If you are not itemizing there is no need to keep track or enter the information. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Cris
Level 3

Is there any value in entering Goodwill donations if TT recommends using the Standard Deductions?

Thanks for your prompt reply, Catina.  BTW, my daughter's name is Catina.

Is there any value in entering Goodwill donations if TT recommends using the Standard Deductions?

It depends on your State.

 

While there may not be a benefit for Federal taxes, some States may allow a deduction (either because they have a charity-specific deduction or the State's Standard Deduction is much lower than Federal, so you might Itemized on the State return).

Is there any value in entering Goodwill donations if TT recommends using the Standard Deductions?

We added an article about whether charitable donations reduce state taxes and it does very much depend on state, but we covered all 50 states + DC in the article to give you an idea if it's worth it or not.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question