 Clients will sometimes make noncash donations to charities like the Salvation Army. The deduction that you may claim is not what you think the items are worth. Instead, your deduction is the amount that the Salvation Army sells it for. You should keep a list of the items donated and their condition. You should also get a signed receipt from the Organization on its stationery that shows the date, address and acknowledges receipt of the items donated.
I have attached a link to a worksheet that you can use to calculate your deduction. Please print it, complete it carefully then include it with the tax records you provide me.
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