Understanding donation values and documentation

If you've got a bag of clothes or a truckload of furniture headed to Goodwill, the Salvation Army, or a local thrift store, this guide covers what the IRS expects for that donation to count as a deduction — how to value it, what condition it needs to be in, and what documentation to keep.

These guides are educational and general in nature, not personalized tax advice. For anything specific to your situation, talk to a tax professional. And when you're ready to actually log and value a donation, DonationValue does it in seconds — see how it works.