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IRS Tips for Year-End Gifts to Charity #3

  • Dec 18, 2014
  • 1 min read

IRS Tips for Year-End Gifts to Charity #3

Household goods. Household items include furniture, furnishings, electronics, appliances and linens. If you donate clothing and household items to charity they generally must be in at least good used condition to claim a tax deduction. If you claim a deduction of over $500 for an item it doesn’t have to meet this standard if you include a qualified appraisal of the item with your tax return.

 
 
 

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