Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

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

Showing results for 
Search instead for 
Did you mean: 
New Member

What is the maximum amount you can claim for for donations of goods to Goodwill Industries for 2016

1 Reply
New Member

What is the maximum amount you can claim for for donations of goods to Goodwill Industries for 2016

In most cases, your gift's deductibility is restricted to 50% of your adjusted gross income (AGI). That is, you cannot give these groups an amount that is more than half of your adjusted gross income. In some instances, stricter limits—30% and 20% of AGI—apply.

The groups for which you can get a full tax benefit for donating an amount up to half of your annual income are known as 50% limit organizations. This category includes educational organizations, hospitals and medical research organizations, government units, and churches.

Qualified organizations, gifts to which are limited to 30% of AGI, include veterans organizations, fraternal societies, and certain private family foundations. A reputable and IRS-qualified charity will be able to tell you its limitation category.


Taxpayer has an adjusted gross income of $60,000 for the year. He may deduct as a charitable donation to his alma mater roughly $30,000, or 50% of his AGI. He also elects to give to his chapter of the Rotary Club; since this is a 30% limit organization, he is limited to approximately $18,000 ($60,000 x 30%). He ultimately contributes $5,000 in cash to each organization and is able to take the full amounts as charitable deductions on his tax return. 

In any case, you will need to keep receipts for all donations for a minimum of 3 years.  Please see the instructions below on how to enter donations in TurboTax. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies