The form that the Goodwill gave to us when we donated to them does not have any space for how much the items were worth. I mean, if I say that I donated $100 worth of stuff where do I put that on my tax forms? Will the IRS want more proof that I actually donated $100 worth of items? How does that work?
2007-05-17 11:15:51 · 4 answers · asked by ♥ Mary ♥ 4 in Business & Finance ➔ Taxes ➔ United States
Write out a list of what you donated and the total worth. Keep it with your Goodwill form.
You'd put deductions on Schedule A of your 1040.
Here's info:
http://www.irs.gov/pub/irs-pdf/p526.pdf
2007-05-17 11:28:37 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You can only take the deduction if you itemize. It goes on schedule A under charitable deductions. The rules have been tightened substantially for documentation - read the instructions for schedule A for more information.
2007-05-18 03:12:40 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
You will report your donation on schedule A of you income tax. The IRS do not require proof unless your donaton is over $500.
2007-05-17 11:48:27 · answer #3 · answered by fdebbie1065 2 · 1⤊ 1⤋
I agree. i discover most of the church homes do no longer plenty with their money, and that they only get ridiculously wealthy from it. Its the money "for God" or hell for you. i think of human beings shouldn't get tax deduction for such donation. what's the objective? so which you would be "sin-much less" and fly to "heaven?" can not have self belief this crap in u . s . a . (in all risk the only one interior the submit-industrialized countries). Its like advertising human beings circulate to church or be linked with church. There are so few of those solid church who genuinely does good with those donation accessible its unhappy. No offense.
2016-11-24 19:50:21 · answer #4 · answered by sarro 4 · 0⤊ 0⤋