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Reply to "What are the “tax receipts” for when you donate clothes, furniture, etc?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You're still not going to hit the standard deduction so don't waste your time.[/quote] If OP has a mortgage she'll have no trouble exceeding the standard deduction. OP, you sound like a great candidate for retail tax software that will walk you through this. It will tell you the options for estimating the value of the things you donated. For now, take a picture of the donated items and the receipt you were given, and email to yourself with a text description of the items. Refer back to this email at tax time. [/quote] Yes, we have a mortgage. And in response to the snippy comment, we just give our employer tax documents and mortgage stuff to an accountant friend every January.[/quote] NP here. I'm sorry, accountant or not this is basic, fundamental stuff every adult should know. We're not asking you for a learned discourse on carried interest - whether to itemize or take the standard deduction is literally the only decision most people have to make when preparing their taxes. You've never asked your accountant any questions, at all? At a minimum, don't be so proudly ignorant. [/quote] Sorry, my husband handles any questions. I just know we've never given her (our CPA friend) any documents about charitable donations.[/quote]
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