Tips for making household donations

March 28, 2008 at 10:19PM

TIPS FOR MAKING HOUSEHOLD DONATIONS

• Take pictures of items donated for proper documentation for the IRS.

• Only items in good and better condition are eligible for a tax deduction. Items in fair or poor condition can be donated but are not deductible.

• Deductions cannot be made for more than the original price paid for an item. Antiques, for example, should be sold rather than donated to get maximum value.

JOHN EWOLDT

about the writer

about the writer

John Ewoldt

Reporter

John Ewoldt is a business reporter for the Star Tribune. He writes about small and large retailers including supermarkets, restaurants, consumer issues and trends, and personal finance.  

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