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Reply to "turbotax and donations question"
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[quote=Anonymous][quote=Anonymous][quote]It takes a while to enter every item into it's deductible - so get started now[/quote] Betcha Its Deductible shows you donated about $200 worth of goods, not $2000. People ridiculously overvalue the crap they donate.[/quote] It's deductible is a scam-- it also overvalues what people donate. I'm not sure how it works but it seems to take the highest price anyone has ever paid for a something used and assigns it to every thing in that category. Books that are sold for 50 cents to a dollar at a book sale show up as $3-5. Similar things with clothes.[/quote]
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