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Tax Year Prior to 2020: Donations of household items and clothing over $500 on one trip. What do I need to document and what forms do I need to fill out in addition.

I donated multiple boxes of clothing and household items on a trip to Goodwill valued close to $2000. What do I need to document and additional forms do I need to fill out.

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Tax Year Prior to 2020: Donations of household items and clothing over $500 on one trip. What do I need to document and what forms do I need to fill out in addition.

You need to keep for your records a list of the items donated, their value on the date of donation, the date of donation, which organization you donated them to, how you valued them, and what you paid for them (or how you acquired them).

The software will prepare Form 8283, Noncash Charitable Contributions based on your entries.  That will be reported on your Schedule A Itemized Deductions (if you itemize). 

How to get to the area to enter your donations  While inside the software and working on your return, type charitable donation in the Search at the top of the screen (you may see a magnifying glass there).  There will be a popup that says Jump to charitable donation .  Select that link. 

Alternatively, you can go to the Deductions & Credits tab, then Charitable Donations.

 

How does the itemized deduction differ from the standard deduction?

https://ttlc.intuit.com/replies/3302313


 Exempt Organizations  Then, go to this link Deductibility Status Codes to see if they are a 30% or 50% organization.


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