It’s that time of the year again, the weather is starting to heat up and you are about to do some spring cleaning. When you are done cleaning out the deep dark parts of your closet and you now have items that you want to donate to charity, remember that donations of used clothing and household items must generally meet certain requirements to be tax-deductible. First, such items must be in “good used condition or better.” Second, a receipt from the charity is required. If the property is valued under $250 and a receipt is not available, such as at unattended drop-off locations, reliable written records are still required. For any questions regarding tax deductible donations or any other tax write-offs, feel free to contact our office.
Tax Deductible Donations (Don’t Forget The Paperwork)
