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Donating Household Clutter and Taking a Tax Deduction

Family Balance Sheet

I've been tackling clutter since January and I had the boxes stacked in my garage to prove it. 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. Household items.

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Wait, Don’t Buy That Yet!

Prairie Eco-Thrifter

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! However, I wait until spring and summer to buy decorations – and get them at garage sales. Winter clothes.

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