MAKING DONATIONS – WHAT YOU NEED TO KNOW FOR DEDUCTIONS AND VALUING ITEMS

Making Donations – What You Need to Know For Deductions and Valuing Items

The best way to go about making donations, according to Turbo Tax.

This is a quick read about tax deductions and how to value items, and might be helpful in deciding what to do with clothing, furniture, electronics, or stocks & bonds.

Rule #1: Always get a receipt whenever you make a donation!

Summer Cleaning Donations by Turbo Tax (Click here)

Click here for more tax tips!