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Donating, and the tax deduction

A deduction usually only helps if you itemize.

4 min read

Donating to a qualified charity can be a tax deduction, but for many households it doesn't change their tax bill, because they take the standard deduction.

Good to know

  • Clothing and household items generally must be in good used condition or better
  • The deduction is generally the fair market value, which is usually far less than you paid
  • Get a receipt, and keep a list of what you gave
  • Larger donations have extra record-keeping rules

Check current rules

Tax rules for charitable deductions change. See IRS.gov or a tax professional.

General information, not tax advice. Centsational Deals isn't paid by any store, marketplace or reseller.