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 »

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 »

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 »

Goodwill Donations & Taxes?

Goodwill is classified as a charity by the federal government, meaning that those who donate items to the thrift store are allowed to deduct the value if they itemize their income taxes, according ... Read More »