Solved: Why did I not get any additional refund for my donations to Goodwill? I donated on 4 different dates for a total of $1648.
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kboyer01
New Member

Why did I not get any additional refund for my donations to Goodwill? I donated on 4 different dates for a total of $1648.

 
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xmasbaby0
Level 15

Why did I not get any additional refund for my donations to Goodwill? I donated on 4 different dates for a total of $1648.

A charitable donation almost never changes your tax due or refund all by itself.  First, your donation does not count "dollar for dollar"--it is calculated by a percentage based on your tax bracket.  You need a LOT of other itemized deductions like mortgage interest or property taxes, medical expense, etc. to itemize and exceed your standard deduction.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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1 Reply
xmasbaby0
Level 15

Why did I not get any additional refund for my donations to Goodwill? I donated on 4 different dates for a total of $1648.

A charitable donation almost never changes your tax due or refund all by itself.  First, your donation does not count "dollar for dollar"--it is calculated by a percentage based on your tax bracket.  You need a LOT of other itemized deductions like mortgage interest or property taxes, medical expense, etc. to itemize and exceed your standard deduction.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

View solution in original post

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