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Article Date:
October 2015

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Got Junk? Donate It! Pay Less in Taxes

You likely have more than you need, certainly more than you use.


Do your housecleaning chores now so you can pay less in taxes this year. Gather up the items you don’t need or don’t use and donate them to a worthy charity now, before your tax year is over.


In this article, we help you donate clothing and household goods the right way so that you can qualify for and keep your tax deductions.


When you donate clothing and household items, you need to know:



Charities that qualify to receive clothing and household items


Types of clothing and household items you can give to a charity


How to value the deductions for clothing and household items


Records you need


What happens on your tax return


How to escape accuracy-related penalties. ... Log in to view full article.

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