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bookseller donating unsold books to Goodwill

We sell used books online, and we donate books that don't sell to Goodwill. We haven't been getting receipts from Goodwill, but I can make a list of which books we donated. What's the maximum amount that I can put down as a donation if I don't have the Goodwill receipt? In the future, are there any special rules for donating to Goodwill? If I donate 20 books and put the donation amount as $40, and then put that on the receipt they give me, is that good enough?

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Accepted Solutions
CatinaT1
Expert Alumni

bookseller donating unsold books to Goodwill

You need to have a receipt (or a letter or other written communication such as an email) from the qualified organization showing the name of the organization, and the date of the contribution.

 

Many times you place a value on your donation. This is a good place to start to determine value: Publication 561: Determining the Value of Donated Property

Additonal information: Charitable Contributions

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2 Replies

bookseller donating unsold books to Goodwill

Goodwill will not normally put a value on donations. Deducting $2.00 per book seems reasonable. 

CatinaT1
Expert Alumni

bookseller donating unsold books to Goodwill

You need to have a receipt (or a letter or other written communication such as an email) from the qualified organization showing the name of the organization, and the date of the contribution.

 

Many times you place a value on your donation. This is a good place to start to determine value: Publication 561: Determining the Value of Donated Property

Additonal information: Charitable Contributions

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

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