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   What is the donation value guide?

   • The Donation Value Guide below helps you determine the approximate tax-deductible value of some of the more commonly donated items. It includes low and high estimates. Please choose a value within this range that reflects your item's relative age and quality. The Salvation Army does not set a valuation on your donation.

   The Salvation Army Thrift Stores | Donation Valuation Guide - SA-TRUCK

   satruck.org/Home/DonationValueGuide

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   Does the Salvation Army set a valuation on my donation?

   • The Salvation Army does not set a valuation on your donation. It's up to you to assign a value to your item. For professional advice, please consult your tax advisor. PLEASE NOTE: This list is not all-inclusive, and not all items are accepted at every location.

   The Salvation Army Thrift Stores | Donation Valuation Guide - SA-TRUCK

   satruck.org/Home/DonationValueGuide

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   How do I calculate fair market value for charitable donations?

   • To calculate fair market value for your charitable donations, you should research the prices of comparable items in used condition. You can refer to Publication 561 provided by the IRS to understand the methods and factors that must be considered when determining the value of donated property.

   How to Calculate Fair Market Value (FMV) for Charitable Donations

   mypersonaltaxcpa.com/fmv-for-charitable-donations/

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   How do I determine the value of donated clothing?

   • One general rule is to assess the item’s condition. You can look for value guides to help you estimate the FMV of donated clothing, keeping in mind that the item’s condition affects the value. Worn, outdated, or damaged items can be valued much lower than items in good or excellent condition.

   How to Calculate Fair Market Value (FMV) for Charitable Donations

   mypersonaltaxcpa.com/fmv-for-charitable-donations/

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2. satruck.org › Home › DonationValueGuideThe Salvation Army Thrift Stores | Donation Valuation Guide

   satruck.org › Home › DonationValueGuide

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   The Donation Value Guide below helps you determine the approximate tax-deductible value of some of the more commonly donated items. It includes low and high estimates. Please choose a value within this range that reflects your item's relative age and quality.

   • The Salvation Army Family Stores

     Donation Value Guide 1-800-SA-TRUCK (1-800-728-7825) The...

   • Schedule a Donation Pickup

     A: All of the clothing, furniture, electronics, home goods,...

3. www.irs.gov › publications › p561Publication 561 (02/2024), Determining the Value of Donated ...

   www.irs.gov › publications › p561

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   Learn how to value noncash property donated to qualified organizations for tax purposes. Find out the factors, methods, and rules to use, such as FMV, cost, sales, replacement, and appraisal.

4. Videos

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     10:58

     youtube.com

     Video Tutorial: How to Value Donated Goods

     Jul 11, 2014

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     16:03

     youtube.com

     Valuing Charitable Gifts of Property 1: The Rules

     Feb 11, 2017

     1.8K Views

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     donorbox.org

     A Complete Guide to Donation Receipts for Nonprofit Organizations

     Jun 10, 2020

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5. goodwillnne.org › donate › donation-value-guideDonation value guide - Goodwill NNE

   goodwillnne.org › donate › donation-value-guide

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   Learn how to estimate the fair market value of your donated items and get a tax deduction. See the donation value guide for clothing, appliances, furniture, computer equipment and more.

6. www.thebalancemoney.com › donation-value-guide-4172778Donation Value Guide for 2022 Taxes - The Balance

   www.thebalancemoney.com › donation-value-guide-4172778

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   Dec 19, 2022 · Learn how to determine the fair market value of your donated items and claim them on your taxes. Find out the general values of clothing, appliances, electronics, furniture, and valuable donations.

   • Author: Beverly Bird

7. www.bankrate.com › taxes › donation-value-guideDonation value guide for 2022 | Bankrate

   www.bankrate.com › taxes › donation-value-guide

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   Mar 27, 2023 · The list of some common items, below, gives you an idea of what your donated clothing and household goods are worth, as suggested in the Salvation Army’s valuation guide.

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8. mypersonaltaxcpa.com › fmv-for-charitable-donationsHow to Calculate Fair Market Value (FMV) for Charitable Donations

   mypersonaltaxcpa.com › fmv-for-charitable-donations

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   Nov 29, 2023 · November 29, 2023. Determining the fair market value (FMV) of items you plan to donate to charity can be an important aspect of tax planning and ensuring you maximize your deductions.

9. ttlc.intuit.com › turbotax-support › en-usHow do I determine the value of donated items? - Intuit

   ttlc.intuit.com › turbotax-support › en-us

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   Mar 28, 2024 · How do I determine the value of donated items? SOLVED•by TurboTax•255•Updated March 28, 2024. For noncash (in-kind) donations, most of the time it's the fair market value (FMV) of the item. But if the FMV is higher than the amount you paid, you must use the original cost of the item.