How to Calculate Clothing Donations for Taxes?

Answer A number of non-profit organizations, like Goodwill and St. Vincent De Paul, provide community aid through selling second hand goods. Each year people donate clothing, furniture, computers, applian... Read More »

Top Q&A For: How to Calculate Clothing Donations for Taxes

How much can you deduct from your taxes for clothing donations?

Making clothing donations is a smart way to trim your tax bill, as you can deduct your clothing donations from your taxes. You must be truthful and honest when calculating how much you will deduct... Read More »

Jewish Charities That Take Clothing Donations?

A common feature of Jewish communities around the world is the strong infrastructure for charitable giving, usually organized at the grass roots by the local synagogues and temples and coordinated ... Read More »

What is the deductible amount for clothing donations for tax purposes?

You can deduct the fair market value of your clothing donations for tax purposes. However, the clothing must be in good or better condition, unless the item is worth more than $500 and you have it ... Read More »

How to Value Donations for Taxes?

If you have made a donation to an organization that you want to claim on your taxes, you can claim only the fair market value of that donated item. According to the Internal Revenue Service, a sing... Read More »