File 100% Free With Expert Help
Get live help from tax experts plus a final review with Live Assisted Basic.
Answer simple questions about your life and TurboTax Free Edition will take care of the rest.For simple tax returns only
Estimate your tax refund andwhere you stand
Know how much to withhold from your paycheck to get
Estimate your self-employment tax and eliminate
Estimate capital gains, losses, and taxes for cryptocurrency sales
The above article is intended to provide generalized financial information designed to educate a broad segment of the public it does not give personalized tax, investment, legal, or other business and professional advice. Before taking any action, you should always seek the assistance of a professional who knows your particular situation for advice on taxes, your investments, the law, or any other business and professional matters that affect you and/or your business.
Salvation Army Donation Guide 2022 Form: What You Should Know
Shoes, 7.00, 20.00. T-Shirt, 5.00, 15.00. Shorts, 5.00, 15.00. Cardigans, 14.00, 25.00. Dress Shirt, 10.40, 30.00. Dresses, 14.00, 25.00. Socks, 3.00, 15.00. Sweatshirts, 3.00, 15.00. Sweaters, 7.00, 20.00. Gloves, 15.00, 30.00. Towels, 6.00, 20.00. Shoes 4.00, 15.00.The Salvation Army donation value guide.Valuation Guide for Salvation Army Family Services Thrift StoreValuation Guide for Salvation Army Family Services Thrift Store Children’s Clothing Donation, Low, High. Blouse, 2.00, 8.00. Boots, 3.00, 20.00. Shoes, 7.00, 20.00. T-Shirt, 5.00, 15.00. Shorts, 5.00, 15.00. Cardigans, 14.00, 25.00. Dress Shirt, 10.40, 30.00. Dresses, 14.00, 25.00. Socks, 3.00, 15.00. Sweatshirts, 3.00, 15.00. Sweaters, 7.00, 20.00. Gloves, 15.00, 30.00. Towels, 6.00, 20.00. Shoes 4.00, 15.00.The Salvation Army donation value guide.Salvation Army Family Services Thrift Store Donation, Low, High. Dress Shirts 25.00, 50.00. Shorts 25.00, 50.00. Dresses 21.00, 45.00. Socks 10.00, 20.00. Sweatshirts 7.00, 20.00. Sweater 5.00, 15.00. Dresses 14.00, 25.00.Donation Value GuideThe Salvation Army donation value guide.
Online solutions help you to manage your record administration along with raise the efficiency of the workflows. Stick to the fast guide to do Donation Value Guide Spreadsheet, steer clear of blunders along with furnish it in a timely manner:
Determining The Value Of Your Donation
Value Guide for Salvation Army Donations
These page will assist you in determining the tax-deductible value of any items you are donating to The Salvation Army. Your qualifying tax deductible donations are resold through our Salvation Army Family Thrift Stores through the country and serve to fund our Adult Rehabilitation program.
The Donation Process
When making your donation, you will be required to fill out a form indicating what you are donating and the estimated value of your donation. Please choose a value within this range that is in keeping with your item’s relative age and quality.A receipt for your items may be obtained in one of three ways:
The Salvation Army | Lehigh Valley, PA344 N 7th St, Allentown, PA 18102
Send us an email | 432-0128
Read Also: Can Felons Join The Army
Consider Donating To The Salvation Army
Are you thinking about how to declutter or streamline an upcoming move? Donating to the Salvation Army may be an excellent solution. Before loading up your vehicle, you can check out the kinds of programs your donation supports on the Salvation Armys website.
Those that choose to give to the Salvation Army can save considerable money and effort during their move. If you want to take advantage of the tax benefits that come with making a charitable donation, you should keep a good record of what you donate and its value. A donation to a charity organization like the Salvation Army is a true win-win: You can reduce the amount of stuff you need to move and provide valuable support to other people.
With You Behind The Shield More Lives Will Be Changed
Behind the Shield, you will have the opportunity to transform the lives of others as well as your own.As a volunteer, you have the opportunity to make a lasting impact. For more than 100 years our volunteers have been the driving force behind the work of The Salvation Army in communities all over the world. Whether its by serving a meal, standing beside a Christmas kettle or stocking shelves at a food bank, you can be part of the meaningful work that continues to help change lives.
In times of despair everyone needs an army thats us. Standing proudly with us as a Behind the Shield volunteer, you will be part of a special group of people who believe that by being of service to others, you can find deep fulfillment in your own life.
By joining the Behind the Shield community, you are committing to the belief no one should be alone in times of crisis and you are ready to be there, without judgment, for someone in need.
Want to learn more? for more information.
Ready to get involved? Fill out the application and we will contact you with next steps.
Behind the Shield is more than just a name. It is a collective philosophy of what it means to volunteer with The Salvation Army.
Volunteering for The Salvation Army means you can make a difference not just in the lives of others, but in your own life journey as well. This transformative experience begins by joining us Behind the Shield.
Charitable #: 10795 1618 RR0001
Read Also: How Do You Get Drafted Into The Military
How Much Is Your Charitable Giving Worth
The Good Brigade / Getty Images
Donating items you no longer want or need to charity is a great way to help others. Someone out there can surely use clothes, furniture, and more. On top of that, the Internal Revenue Service gives you something in return for your generositya tax break.
The problem is that deducting charitable gifts from your taxable income is one of the more complex aspects of tax law. You can consult with a tax professional, but all this giving isnt supposed to end up costing you money in the long run. Weve put together these general guidelines to help you along before Tax Day.
Furniture And Other Household Items
A lot of variables exist in this category, particularly for furniture. Age might not be much of a determinant. What if youre donating an antique? It might be old, but that hardly makes it worthless. In fact, it’s probably increased in value. Youll almost certainly need an appraisal in this case.
The condition of the piece tends to be far more important than age, assuming it’s not an antique, as is style. A type of sofa that was all the rage back in 2010 might have negligible value now, and its certainly not an antique yet, either. As for things like linens, they tend to retain very little value after theyve been used.
Otherwise, you may be able to deduct the below values for tax year 2021:
- Twin bed: $36 to $104
- Full or larger bed: $52 to $176
- Bedspread or blanket: $3 to $25
- Coffee table: $15 to $100
- Desk: $26 to $145
- Towels: $0.50 to $4
- Upholstered chair: $10 to $104
As with clothing items, the fair market value of household items is typically much less than what you paid for them. And these items all fall under the good used condition or better IRS rule as well.
Recommended Reading: Does Delta Offer Military Discounts
Video: How To Estimate The Value Of Clothing For Irs Deductions
Learn how to estimate the value of clothing for IRS tax deductions as charitable donations. The value of clothing donations to charity are based on published lists of retail values or current thrift store prices. List your donation values on the Form 8283 with the help of TurboTax in this video on filing annual taxes.
Valuation Guide For Items Donated
|The following is a list of the average prices of donated goods, if the items are in good condition. New or expensive items might be higher, damaged items lower. This list is for guidance only, variables such as condition, age, antique value, cleanliness, repair need and value when new must be taken into account. New Federal Income tax regulations require donors claiming deductions for charitable contributions consisting of property other than cash worth more than $500 to file Internal Revenue Service Form 8283, Noncash Charitable Contributions. Where the noncash charitable contribution, other than publicly traded securities, exceeds $5,000 , the donee charitable organization must acknowledge the contribution on the form 8283. In addition, donee charitable organizations are required to file Internal Revenue Service Form, 8282 Donee Information Return, when they dispose of certain property, the receipt of which they have acknowledged on a Form 8283.|
Recommended Reading: Does Oakley Have Military Discount
What Items Does The Salvation Army Accept
The Salvation Army accepts many common items that you tend to see in thrift stores, including:
- Blankets, towels, pillowcases, and sheets
- Household items, such as pans, dishes, and cutlery
- Tapes, CDs, and vinyl records
- Electronic devices
In addition, the Salvation Army also accepts donated vehicles. This includes a wide range of cars, trucks, and other vehicles the organization may be able to sell. Also, in many cases, the vehicle condition doesnt matter. The organization will accept vehicles that are not operational or have cosmetic damage to sell for parts.
Itemizing Vs Claiming The Standard Deduction
According to the tax policy institute, approximately 30% of taxpayers itemize their deductions each year. To determine whether you should itemize or not, you should add up all your potential itemized deductions,, including state and local taxes, mortgage interest, and donations, to determine if they are more than the standard deduction for your filing status.
When calculating your total deduction, keep in mind that most deductions are limited in some way. State and local taxes are capped at $10,000 each year and mortgage interest is limited to the interest paid on the first $750,000 of your mortgage balance .
If you determine that itemizing your deduction is beneficial, then you should gather your tax documents and receipts to calculate your total deductions. Your total itemized deductions are declared on Schedule A of your individual tax return.
Don’t Miss: Does Kohl’s Offer Military Discount
Additional Forms You May Need
You must get a written acknowledgment or receipt from the organization for any gift you make for which youre claiming a deduction of $250 or more.
Youll also have to submit Form 8283 for many of these items. Section A of Form 8283 must be submitted for all donations valued at over $500, and really pricey gifts over $5,000 require that you fill out Section B and have an appraisal to support the value.
Household goods and clothing items that arent in at least good, used condition require an appraisal as well as completion of Section B if you claim more than $500 for them.
How To Determine Fair Market Value According To Publication 561 In The Irs Guidelines:
*Fair Market Value’s above were determined using a combination of existing public, online valuation guides offered by The Salvation Army , Goodwill Industries , and Tax Center Plus . Tax preparation software such as DeductionPro or ltsDeductible are available online for determining accurate Fair Market Value’s that are consistent with IRS Guidelines.
The fair market value of used household items, such as furniture, appliances, and linens, is usually much lower than the price paid when new. These items may have little or no market value because they are in a worn condition out of style, or no longer useful. For these reasons, formulas are not acceptable in determining value. You cannot take a deduction for household goods donated after August 17, 2006 unless they are in good used condition or better. You should support your valuation with photographs, canceled checks, receipts from your purchase of the items, or other evidence. Magazine or newspaper articles and photographs that describe the items and statements by the recipients of the items are also useful. Do not include any of this evidence with your tax return. *
Also Check: How To Be An Army Officer
Salvation Army Thrift Store Central Ontario
Offering pick up services in some communities for bulk furniture donations only. We kindly ask donations be dropped off, when possible, at our Donor Welcome Centre located at a Salvation Army Thrift Store near you.
Bulk pick up services can be arranged for donations of furniture items in the following areas:
Brantford : 519.751.7692
Etobicoke : 416.749.1923
Guelph : 519.766.4085
Kitchener : 519.584.0818
Newmarket : 905.830.1656
Niagara Falls : 905.354.8538
Scarborough Eglinton : 416.752.2929
Scarborough Kennedy : 416.751.8050
St Catharines : 905.934.4599
Windsor : 519.258.6938
Please note, we do not currently offer pick-up services for the downtown Toronto area, or other areas not listed.
Requests can also be emailed to: donatetstores.ca. Please include your phone number, address with postal code, and photos of your furniture donation in your email, or contact our central Donation Information Line: 1.888.333.1229
Where Does Your Money Go When You Donate
So what happens to the money they make from selling the things you donate? According to the organizations website, 82% of its proceeds go directly to supporting people in the communities the Salvation Army supports. This means that the other 18% goes to managing the Salvation Armys organization, including important elements of its infrastructure, such as:
- Running physical stores
- Paying people who work for the organization
- Maintaining the organizations website and other digital assets
For some people, knowing that 82% of the money made from their donations goes toward people in need provides a sense of comfort and purpose.
The Salvation Army is also an international organization. It sends funds to other countries to support a range of initiatives the Army feels align with its principles, such as:
- Helping underdeveloped populations in foreign countries
- Providing aid for communities in other countries that have gone through disasters
- Promoting international social justice programs
- Supporting their international womens ministry
Read Also: Body Fat Percentage Army Standards
Schedule A Free Donation Pick Up Now
How Do Salvation Army Donations Work
When you donate an item to the Salvation Army, it gets processed and put into one of their physical stores. Then, when someone purchases it, a large portion of the money goes towards helping people the Salvation Army has designated as in need. The people the Salvation Army aims to help include a wide range of individuals of various ages, including people experiencing unemployment, homelessness, human trafficking, domestic abuse, and many others.
Rather than taking the funds they generate from your donations and giving them to existing organizations, the Salvation Army uses a systematic process to build the programs in which they invest their proceeds. At a high level, the organization does this in three steps:
- It tries to assess the needs of one or more communities it serves. This involves figuring out the most significant challenges and obstacles that people face.
- The organization then builds programs designed to meet these specific needs.
- It then invests in these programs while also offering them to the people in the communities theyre serving.
Don’t Miss: Which Military Branch Should I Join Test
What Items Does The Salvation Army Not Accept
There are several items the Salvation Army will not accept, often because they could be a safety risk to its team members and shoppers. For example, the organization wont take kerosene appliances, toys that have been recalled, chemicals, paint, monitors, or televisions that have cathode ray tubes.
Other items on the Salvation Armys do not donate list include tires, wheels, and other automotive parts.
How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.
At Bankrate we strive to help you make smarter financial decisions. While we adhere to stricteditorial integrity,this post may contain references to products from our partners. Here’s an explanation for how we make money
Recommended Reading: Dolly Parton Stampede Military Discount
To Spend Less On A Moving Vehicle
Every item on your packing list takes off at least some space, and getting rid of several may make it possible to get a smaller moving vehicle. This can not only save you money on the rental fee, but you may also spend less on fuel. To whittle down your list of items to pack, a trip to the Salvation Army may be just the ticket.
For example, some people may want to get rid of one or several pieces of furniture that would otherwise take up a lot of space in the back of a moving van.