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Tax Deduction Information

According to IRS regulations, a non-profit organization cannot provide a donor with the dollar value of an in-kind gift.  There are many sources to locate reasonable values for your donations.

You may also find ItsDeductible, a free website made availabe by Intuit Software helpful when itemizing and valuing your donations. The site provides typical thrift shop values that can be used in completing your IRS Form 8283.

Keep in mind that IRS Form 8283 is only required when an in-kind donation exceeds $500 fair market value.  Should the fair market value of a single item, or group of similar items, exceed $5,000, you must provide a certified appraised value of the item and Goodwill will complete Part IV of Section B of IRS Form 8283.