turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Close icon
Do you have a TurboTax Online account?

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

Trying to find out how to determine donation amount. I donated 8 bags of women, men, and infant clothes, shoes, and accessories. Do not know the total amount of items.

 
Connect with an expert
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 Reply

Trying to find out how to determine donation amount. I donated 8 bags of women, men, and infant clothes, shoes, and accessories. Do not know the total amount of items.

The value per donated item is the item’s estimated value at the time of your donation.  (Or what would you be able to sell the item for.)

You can check similar sales on Ebay.

Or another way to value your donated items is to use "Estimated Thrift Shop Value".  I am including a link to the Salvation Army guide, as well as one to the Goodwill link.

https://satruck.org/Home/DonationValueGuide

http://www.goodwill.org/wp-content/uploads/2010/12/Donation_Valuation_Guide.pdf

You can also take a look at the following link that explains in more detail about donation of items ...

http://www.amazinggoodwill.com/donating/IRS-guidelines  


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies