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Donating Household Clutter and Taking a Tax Deduction

Family Balance Sheet

JULY 19, 2012

While I love the instant cash that you can get from a yard sale, this year a tax deduction will have to do. It's been awhile since I've taken a tax deduction over having a yard sale, so I did a little research. Unfortunately not everything in your home is considered a tax deduction if donated. Household items.

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Donation Taxes Furniture Clothes 100
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Wait, Don’t Buy That Yet!

Prairie Eco-Thrifter

DECEMBER 22, 2013

Since my blog is set up as a business, I could deduct the expense – or at least depreciate the asset over time – reducing my taxes. So, hey, I guess I can take the tax reduction next year as well as this! These get donated to thrift stores or placed in consignment shops so you might keep checking your local stores for these.

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Buy Buying Consignment Shops TVs 223
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