AOL.com Video - How to Estimate Value of Clothing For IRS Deductions

VIDEO:Business

How to Estimate Value of Clothing For IRS Deductions - TurboTax Tax Tips

Description:http://turbotax.intuit.com How should you estimate your clothing donations for IRS deductions? When you donate clothing to a charity you are eligible to receive a tax deduction for each clothing donation. Learn how to estimate and report the value of your clothing donation as a deduction to help you save money on your tax bill. Discover It’s Deductible®, a special clothing tax deduction tool from TurboTax. (1:45)

Source: TurboTax

Tags: clothing donation deduction , clothing tax deduction , donating clothing tax deduction , form 8283