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.

mishi612
New Member

What should I do if I do not know the actual cost/adjusted basis of non-cash donations?

They were clothing items I purchased a few years ago. I used It's Deductible to calculate the donation amount.
This feature is pending. Thanks for your patience.
Didn't get the answer you wanted? Would you like to view more questions that might be relevant?
1 Reply
PatriciaV
Expert Alumni

What should I do if I do not know the actual cost/adjusted basis of non-cash donations?

You may estimate the original cost of the items you donated, based on similar items for the same year. For instance, if you donated four pairs of jeans, and jeans typically cost $15 that year, you would report $60 for the original cost of the donated jeans.

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