How much can you deduct for the gently used goods you donate to Goodwill? The IRS allows you to deduct fair market value for gently-used items. The quality of the item when new and its age must be considered.
The IRS requires an item to be in good condition or better to take a deduction. Our donation value guide displays prices ranging from good to like-new.
To determine the fair market value of an item not on this list below, use this calculator or 30% of the item’s original price.
Use the slider to estimate the fair market value of an item.
Donation Value $10.00 - $20.00 Fair Market ValueBelow is a donation value guide of what items generally sell for at Goodwill locations. To determine the fair market value of an item not on this list, use 30% of the item’s original price.
Clothing should be gently-used and free of stains and holes.
2pc Suit