SHOP PRODUCTS
Houzz Logo Print
michelle_s_gw

How much do I claim from donations?

Michelle_S
20 years ago

I just dropped off a truckload of stuff to Goodwill, and the guy gave me a receipt and told me to fill it out. Most of it was designer clothing and nice household goods, retail value probably over $10,000.

What do I put on the receipt for tax purposes? Someone told me I could claim half of the purchase price, but I am a bit leery of doing that. What is the value?

Thanks!

Comments (8)