How Do You Find Values For Items Donated To Charities?
• Check the web. • Free information is available from the Salvation Army on a limited number of donated items. Go to the Salvation Army’s USA website. Then select “your help->donate->receipts->valuation guide.” • Be more thorough. • If you are willing to pay for your information: Charity Deductions is a website that has valuations for thousands of items and provides printable reports for your records and accountant for less than $15/year. It works for anyone with an internet connection and has a money back guarantee. • Use software programs. • If you use tax preparation software, you should consider using their valuation related products that work together to optimize your deductions. TurboTax offers a program called It’s Deductible and TaxCut offers DeductionPro software. Both programs are Windows compatible only, cost less than $20/year and offer guarantees if you don’t save a certain amount. They can be downloaded from their respective websites or purchased at a variety of retail lo
