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tableclocks · Dec 1, 2014, 06:48 PM

My wife has, literally about 500 or so pieces of very good clothes, hard and time consuming to sell. If the retail for the used cloths is about 3,000.00, how can I get that deduction on my taxes? There is also, maybe 1 or 2 thousand dollars of other stuff.

Thanks for your help and time.

Richard

AtlantaTaxExpert · Dec 1, 2014, 07:35 PM

Claiming such a large amount for clothing donations is risky, UNLESS you can find a charity that is willing to put a dollar value on each piece of clothing or groups of clothing.

tableclocks · Dec 2, 2014, 11:46 AM

Originally Posted by AtlantaTaxExpert

Claiming such a large amount for clothing donations is risky, UNLESS you can find a charity that is willing to put a dollar value on each piece of clothing or groups of clothing.

thank you, I will ck with the good will, will they have a special form that the IRS will accept?
if my church puts value on then and gives then away, will that be acceptable to the IRS?
I know your on here all the time, and I thank you for your info, richard

AtlantaTaxExpert · Dec 2, 2014, 11:54 AM

The church option is your best bet.

joypulv · Dec 2, 2014, 12:08 PM

She isn't going to get retail for used clothing. Churches where I live won't give a tax receipt for for rummage sales. And non-profit shops attached to churches or hospitals will only give a receipt equal to what they think they will sell for, and can be very choosy about what they will take at each season.

tableclocks · Feb 4, 2015, 07:10 PM

Originally Posted by tableclocks

thank you, I will ck with the good will, will they have a special form that the IRS will accept?
if my church puts value on then and gives then away, will that be acceptable to the IRS?
I know your on here all the time, and I thank you for your info, richard

I did another question about a 8283 if you get time to look at it, thanks