Link: How to figure out the value of donations

Posted By Paul

I recently donated some old furniture and other items to a charity organization and I thought I would look into the possibility of taking a tax deduction on the donation.

I was immediately perplexed by what amount I should use for the various items. I vaguely remember what we paid for the items originally but I'm not sure what their fair price is now.

I did a little searching and found this great guide for the value of donated items. It's provided by the Salvation Army:

Salvation Army Donation Value Guide

I am going to try to keep track of all the various items we donate to charity and see how it affects my taxes this year.