February 27, 2008...8:52 pm

How to estimate yoru charitable contribution deductions

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How do you estimate the value of your donations to organizations like Goodwill, Churches and The Salvation Army for your tax return?   If you are like most people, you just kind of pick a number and write it on your receipt when you donate items.

The IRS suggests you shop thrift stores or classified ads or auction sites like eBay to fashion a good guess.   Luckily the Salavation Army has put a value estimator on their website to help you estimate the values of your donations.   We added a link to that site on our website at  http://www.cillierscpa.com/Taxes.html for your reference.

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