What happened to the tool that used to assist you to determine fair market value of charitable donations to Goodwill?

[amanda1230]

What happened to the tool that used to assist you determining fair market value of used clothing, furniture donations to organizations like the goodwill etc.

[baldietax]

ItsDeductible was retired.  There is a new feature that has been mentioned in the help and comments here to provide FMVs that may become available in ?March but I'm not sure you want to hold up taxes for that.

Otherwise you can use donation guides from Salvation Army or Goodwill.

There are also 3rd party apps like Deductible Duck which provide valuations but you have to pay for their service above a certain level; they may also claim to have import ability into TT desktop but there are limitations of the import format and you would still have to review each item in Turbotax (and avoid for TT Online as it breaks e-file).

Maybe @M-MTax has more

[M-MTax]

I really don't have any more on this issue. I can only repeat what I heard and that's late February to early March for this new valuation tool.

I have heard exactly zip re importing natively or otherwise. I would suspect, though, that getting the program to import some file into the charitable donations section is going to be a tough one.

[Bill B5]

The Turbo Tax site has indicated that they are working on this tool, has Turbo Tax changed?  I am waiting for a formal response from Turbo Tax.

[M-MTax]

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@Bill B5 wrote:

The Turbo Tax site has indicated that they are working on this tool, has Turbo Tax changed?  I am waiting for a formal response from Turbo Tax.

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Yes, ostensibly, they are working on the tool. Precisely when it gets released (in an update) is up in the air at the moment.