Tax Deductions for Donations
If you itemize deductions on your federal tax return, you are entitled to claim a charitable deduction for your Goodwill cash or material donations. Because market values are based on items in good condition and may vary from one region to another, Goodwill Industries does not maintain national guidelines for the estimated value of donated items.
To access the fair market value of your donation, please consult a local tax advisor. You can also review the tax guides available from the IRS:
- “Determining the Value of Donated Property”
- “Charitable Contributions”
- “Non-Cash Charitable Contributions”