Donations

Helen247

Is it true that donations of things to charities are tax deductible in USA?
I live in Australia and it's not deductible.

2 days ago

General

8 replies

Latest reply was from Helen247

cat2

Veteran

Sometimes. The rules are really complicated.

2 days ago

Deb

Veteran

Donations over $2.00 to registered, recognisable charities are definitely tax deductible in Australia. They have been for decades.

1 day ago

April

Veteran

Yes, true in US. Pain in the neck to estimate values and then back up your estimates, though.

I donate A LOT and tend to do one of three things.

1. Put a modest lump sum value on the stuff and hope for the best.

2. Save a receipt if the charity provides an accurate valuation (this is done for big ticket items only).

3. Write it off in my heart as tzedakah.

Guess which one Mr. A likes the least...

1 day ago

Jenni NZ

Veteran

April what on earth is tzedakah? My phone very much wants to autocorrect that!
And Deb, yes *money* donations will be tax deductible ( here in NZ they are too but it is $5 not $2), but Helen247 means donations of physical items not just money. Here in NZ those are not deductible.

1 day ago

Suz

(website)

Veteran

Jenni, literally speaking, tzedakah is charitable giving as part of your religious duty (for observant Jews) but more loosely, it's, you know -- just donation to charity.

I donate clothing but have never even asked for a fair value receipt. Most of my items are simply not worth a lot. But it's something you can do in Canada if it is a registered charity, so I should consider it!

17 hours ago

Jenni NZ

Veteran

Thank you Suz. I had not got around to Googling the term. I have donated to charity for many years but since 2008 it isn’t for any religious reason.
For clothing I can donate to charity shops like hospice shops or the ambulance-service shop, which I try to do. Otherwise it’s the for-profit secondhand clothing store by using the “clothing bin”, as I have purchased good stuff from that chain before I don’t mind their making some money out of my stuff. These days since I choose so much better in the first place and wear the clothes many times before donating, that’s even more the case.

14 hours ago

Cardiff girl

Veteran

We get tax relief on the value of the sales of donations to charity shops in the UK.

13 hours ago

Helen247

Active Member

Thank you everyone, it's certainly interesting to read how we manage our donations.
Yes I donate and don't expect anything in return just hope someone else will enjoy it.
Even good quality things, I have no patience to sell online or in consignment shops.
And yes April, my darling doesn't like it much either. So I take a couple of things in a paper bag when I go for a walk

5 hours ago

Category