What is the name of your state (only U.S. law)? Georgia
I have given 17 bags of clothes and shoes to salvation army. They have given me a receipt. However the receipt only shows how many bags I gave but not cash value of the bags. I know I can give a cash value up to $250 or $300 without submitting a receipt to IRS. But the amount of clothes and shoes I have given is more than this amount. I do my taxes on line. How can I get credit for giving more than $300.00 of charitable goods. Will IRS ask for a copy of the receipts when I do my taxes on line? If so, does there have to be an amount written on the receipt showing the cash value of the clothes and shoes?
I have given 17 bags of clothes and shoes to salvation army. They have given me a receipt. However the receipt only shows how many bags I gave but not cash value of the bags. I know I can give a cash value up to $250 or $300 without submitting a receipt to IRS. But the amount of clothes and shoes I have given is more than this amount. I do my taxes on line. How can I get credit for giving more than $300.00 of charitable goods. Will IRS ask for a copy of the receipts when I do my taxes on line? If so, does there have to be an amount written on the receipt showing the cash value of the clothes and shoes?