Re: charitable monetary donations----how much are you allowed to deduct without having to complete a schedule or provide any other support information?Re: clothing, furniture, toys, etc. donations...how much ($dollar value) are you allowed to deduct without having to complete a schedule?
You have to itemize your deductions on a Schedule A to deduct any type of charitable donation. If your donated goods exceeded $500 in value, you will need to file a Form 8283. I highly recommend that you have supporting documentation (receipts, or at least copies of checks) for any donations you intend to deduct, in case of audit. You should keep these receipts with a copy of your taxes for your personal files. Best of Luck,Teresa
$500 per organization donated to?Or $500, divided among the charities.For example, 2 charities at $250 each?Thanks!Louise
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