AES/newspost wrote:

- quote -

The standard Goodwill receipt meets the over $250 requirement,
IIRC, making your question moot.

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- quote -

It's over $5,000 for formal appraisals

- quote -

My take is "per batch" which equals "per receipt"

- quote -

Two Goodwill receipts for $600 each, one for each day. (The
local procedure is to pick up a blank signed receipt form
from the box near the door. You check off the generic
listing [men's clothes, toasters, etc.] and assign a value.)

At tax time you fill out two lines on the 8283 - date,
charity name, description ("Used household goods") and FMV
($600). However, since each line item is over $500 you also
need to fill in the how acquired ("purchase"), when acquired
(pick a reasonable date) and original cost (reasonable
estimate) columns. Keep an actual list of the items for
backup.

--
Don EA in Upstate NY

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We're in post-retirement closet, attic, and garage clean-out
mode --lots of misc household property going off to
tax-exempt charities (despite retirement we're still in
itemized deduction mode).

I understand the need for appraisals on individual items
over $500, the requirement for a summary Form 8283 if total
donations exceed $500. and the somewhat different forms of
receipt or acknowledgement needed for items under and over
$250.

Question is, is the under $250/over $250 break point
interpreted on a "per item" basis, "per batch" basis, or
even "per charity" basis?

Suppose for example we haul a minivan-load of 20 separable
items each valued for donation purposes at $30 over to
Goodwill today -- and another similar load tomorrow.

Is each item and load still under the $250 limit? And if
so, are we OK with 2 of the familiar yellow Goodwill
receipts, each with 20 items listed? Or do we need 40 of
them?

Thanks . . .

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