Donating Household Clutter and Taking a Tax Deduction
Family Balance Sheet
JULY 19, 2012
I've been tackling clutter since January and I had the boxes stacked in my garage to prove it. According to the IRS Publication 526 , "if you give property to a qualified organization, you generally can deduct the fair market value of the property at the time of the contribution.". So instead, I hauled our stuff to the Salvation Army.
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