The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Charitable deduction question||Date: 7/30/2013 12:11 PM|
|Author: TMFVenus||Number: 118919 of 125229|
My husband and I just completed a yard sale, and want to donate the unsold items to charity. We will keep our receipts, and no donation will be more than $250. My understanding is that we can take up to a $500 deduction for this on our tax return. Question -- is that $500 per person, or $500 total?
Thanks for any help, and apologies if this has been asked before.
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|