Monday, May 14, 2018

DON'T FORGET TO DOCUMENT YOUR SPRING CLEANING DONATIONS

If spring cleaning has left you with items that you want to donate to charity, remember that donations of used clothing and household items must generally meet certain requirements to be tax-deductible. First, such items must be in "good used condition or better." Second, a receipt from the charity is required. If a receipt is not available (such as at unattended drop-off locations), reliable written records are still required.