- 1). List the items that you donate to Goodwill before make making the donation.
- 2). Determine the value of the donations using Goodwill's valuation guide. For example, if you donated two men's suits in great condition, you would be able to claim $60.
- 3). Get a receipt from Goodwill when you make the donation verifying your list. This verification does not need to be attached with your tax form unless your donation is more than $5,000.
- 4). Complete IRS form 8232 Section A for donations between $500 and $5,000. For donations over $5,000, complete Section B.
- 5). List the value of your deductions on line 17 of Schedule A. This amount will reduce your taxable income, thereby lowering your tax liability.
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