4 ms·
What documentation is needed? I also think the donation deduction is valid if you waive the standard deduction so you'd have to donate $12K+ in order to get a t
by tppiotrowski 4y ago
What documentation is needed? I also think the donation deduction is valid if you waive the standard deduction so you'd have to donate $12K+ in order to get a tax savings.
- warrenm 4y ago>What documentation is needed A receipt from the library - this is standard practice from the organizaiton when they get a donation >I also think the donation deduction is valid if you waive the standard deduction so you'd have to donate $12K+ in order to get a tax savings Donating a hundred books (even at a "face value" of $50) isn't going to get you over the threshold, but combined with other donations during the year, it may (or may not) be helpful