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https://foxpeterson.com/wp-content/uploads/2013/01/Noncash-Contributions.pdf
NONCASH CONTRIBUTIONS A TAXPAYER’S GUIDE The IRS allows you to deduct the fair market valueof items donated to charity. The fair market value is the price a typical buyer would actually pay for an item of the same age, style, and use. Usually items are worth far less than you paid for them.
https://www.nolo.com/legal-encyclopedia/how-value-noncash-charitable-contributions.html
Property Donations Over $5,000. For any property donations worth $5,000 or more, you must obtain a formal appraisal from a qualified appraiser. The only exception is for marketable securities because they have a clear market value. Clothing and Household Items. The most commonly donated property items are clothing and household items.
https://satruck.org/Home/DonationValueGuide
Donation Value Guide 1-800-SA-TRUCK (1-800-728-7825) 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 …
https://goodwillnne.org/donate/donation-value-guide/
Below is a donation value guide of what items generally sell for at Goodwill locations. To determine the fair market value of an item not on this list, use 30% of the item’s original price.
http://www.mrbilltaxman.com/noncashdonations.htm
Large and/or expensive items with significant value, like buildings, jewelry, collections, antiques or artwork, may need to have a written appraisal attached to the tax return. As a general rule, if your donation is valued at $5,000 or more, an appraisal is required.
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