Taxes and Your Donation
Federal law permits Goodwill® donors to claim tax deductions for many financial contributions and for donated clothing and household items in good, used condition or better.
If you’re unsure whether your item qualifies for a tax deduction, then consider this: if you would give it to a relative or friend, then the item is most likely in good condition and is appropriate to donate.
The U.S. Internal Revenue Service requires donors to value their items. To help guide you, Goodwill Industries International has compiled a suggested list with price ranges for items commonly sold in Goodwill stores. Assume the items are in good condition, and remember — prices are only estimated values.
The iDonatedIt iPhone app logs your
donations for easy tax prep. $2.99
itunes.apple.com
At Goodwill Industries, we want people to give as much thought to where they donate their clothes as they would to where they donate their money. Donors should give to charities they know and trust and that will make the most of their donations.
Goodwill channels 84 percent of our revenues into job training programs that benefit hundreds of thousands of people each year.
