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The bSalvation Armyb Valuation Guide for bDonatedb Items 2025

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The document is a valuation guide for donated items to The Salvation Army, detailing the average price ranges for various categories of clothing, household goods, furniture, and miscellaneous items. It also outlines federal tax regulations regarding non-cash charitable contributions, including the requirement to file specific IRS forms for donations exceeding certain values.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How much donation can I write off without receipt?

If you want to take a charitable contribution deduction on your income-tax return, you need to substantiate your gifts. You must have the charitys written acknowledgment for any charitable deduction of $250 or more. A canceled check is not enough to support your deduction.

What are the IRS rules for clothing donations?

Your monetary donations and donations of clothing and household goods that are in good condition or better are entitled to a tax deduction, ing to Federal law. The Internal Revenue Service requires that all charitable donations be itemized and valued.

Is it worth claiming Goodwill donations on taxes?

You can deduct every goodwill charitable contribution you make from your taxable income. While this deduction doesnt affect self-employment taxes, it does help when paying income taxes.

How much can you deduct for donations to the Salvation Army?

How much can I deduct for household items and clothing? You can deduct the amount based on a percentage of your Adjusted Gross Income. The fair market value of donated items in good or used condition can be claimed as a deduction on your tax return. You can claim a deduction of up to 60% of your Adjusted Gross Income.

How much can I deduct for donating a bag of clothes?

In general, the Salvation Army Thrift Stores cannot accept: Any appliances that have mechanical difficulties, missing power cord or is rusty or dirty. Large console model televisions and stereos. Televisions older than 5 years. Built in appliances (Ovens, Stoves, Dishwashers, microwave etc.)

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How much of each dollar donated to the Salvation Army goes to charity?

For cash donations to public charities like The Salvation Army, you can typically deduct up to 60% of your AGI. Donations of property are usually limited to 50% of your AGI. California largely conforms to federal tax laws on charitable donations.

The bSalvation Armyb Valuation Guide for bDonatedb Items 2025

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How much donation can I write off without receipt?

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How much can I deduct for donating a bag of clothes?

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How much of each dollar donated to the Salvation Army goes to charity?

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