A State-by-State Guide to Charitable Deductions and Credits (as of December 2025) Not tax advice. This article provides general educational information. For advice about your situation, talk with a qualified tax professional. IRS rules can change, and your facts matter. If you donate to charity and prepare your own taxes using TurboTax or similar software,…
Not tax advice. This article is general educational information. For advice about your situation, talk with a qualified tax professional. IRS rules can change, and your facts matter. Status note: This article reflects IRS guidance and enacted law current as of December 2025. Tax rules change. Always verify against the latest IRS publications before filing….
Not tax advice. This article is general educational information. For advice about your situation, talk with a qualified tax professional. IRS rules can change, and your facts matter. For years, ItsDeductible was the most trusted way for everyday donors to track charitable donations and estimate fair market value (FMV). But as of October 21, 2025,…
Not tax advice. This article is general educational information. For advice about your situation, talk with a qualified tax professional. IRS rules can change, and your facts matter. No one wants to think about audits. The goal isn’t to be scared; it’s to have a system so you don’t have to worry. Most “audit stress”…
IRS Form 8283 Explained: When You Need It and How to Fill It Out Many taxpayers get stuck on Form 8283 and with good reason. The name alone (“Noncash Charitable Contributions”) makes it sound intimidating. In reality, it’s a disclosure form: it tells the IRS what you donated and how you determined value when your…
Goodwill Donation Value Guide (2025 IRS-Friendly Estimates) Goodwill is one of the most common donation destinations in the U.S., which means people often search “Goodwill donation values” right when they’re trying to finish taxes. A key point up front: Goodwill typically provides a receipt, but you are responsible for determining fair market value. Many Goodwill…
IRS Rules for Non-Cash Charitable Donations (What You Must Know) Non-cash donations are where people get nervous—and for good reason. Cash donations are usually simple: you donated money; you keep a receipt; you’re done. Non-cash donations require: This guide summarizes the key rules and the practical system that keeps you compliant without turning your life…
Household Goods Donation Values: Furniture, Appliances, and Electronics Household goods donations can add up quickly—especially during moves, downsizing, or major cleanouts. The challenge is that FMV for household goods varies widely based on condition, age, and demand. This guide gives you a structured way to estimate values for common household categories while staying conservative and…
Clothing Donation Value Guide: How to Estimate Fair Market Value Safely Clothing is one of the most common non-cash donations—and one of the easiest places to accidentally overvalue. This guide gives you a safe, repeatable approach for estimating FMV for clothing donations while staying aligned with IRS guidance. Start here first if you haven’t read…
Primary sources (read the originals): Fair Market Value for Charitable Donations: IRS Definition Explained If you donate non-cash items—clothing, furniture, household goods, electronics—your deduction usually depends on fair market value (also referred to as FMV). That sounds straightforward until you try to pick a number you can defend. This article explains what FMV means under…
