Posts Tagged ‘values’
Value Donations Goodwill
January 20th, 2010Value Donations Goodwill
Question: I heard that now you have to itemize your donated items to Goodwill to get tax credit. Is that true?
We used to just take a carload of stuff to Goodwill and just estimate the overall value but now I heard you have to itemize every single thing to qualify for tax credit. I’ve got a bunch of stuff and would like to know this answer before dropping it off at a donation center.
Answer: You don't really have to but it would be a good idea if you donate a lot. "a lot" would have to be checked with the IRS and your state.
Donate to Goodwill
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