Claiming a Charitable Deduction for Your Goodwill Donations
If you itemize deductions on your Federal tax return, you are entitled to claim a charitable deduction for your Goodwill donations. According to the U.S. Internal Revenue Service, establishing a dollar value on donated items is the exclusive responsibility of the donor. Refer to IRS Publication 561: Determining the Value of Donated Property.
To help guide you, Goodwill Industries International has compiled a list providing price ranges for items commonly sold in Goodwill® stores. Assume the following items are in good condition, and remember: prices are only estimated values.