Best Way to Donate Clothes

[tiecollector]

I have some sack suits that are pretty nice quality that I paid $350 for or so but they just don't really fit all that well. I tried selling on ebay and I had several watchers but no takers. I just want to donate them and try to get a tax cut out of it.

How does that work? How much can I deduct for them?

 

[lawyerdad]

You have to estimate a value, which iirc is based on "thrift store value". I think the actual deducation you get is at 50% of that, but I can't recall off-hand. If your in-kind donations for the year exceed more than a certain amount (maybe $500) you need to have receipts. Most charitable organizations that take donations will just issue you a receipt with the space for value left blank, and leave it to you to fill in the estimated the value.

 

[tiecollector]

I tried selling them for $75 on ebay, maybe I'll try selling them again for $65.

 

[Dakota rube]

Or..... alternatively..... I can PM you my address.

 

[tiecollector]

I'm going to try to sell them on ebay again unless you are serious. I can send you pics of the suits. They are all 42L. My tailor told me that this was my size before I knew a thing about clothes. As it turns out, I'm more of a 41R but the shoulders fit me on the 40R. The 42L looks WAY too old skool on me. I had to buy the suits for a job I had gotten last year that required a dress code so I bought 3: a black with subtle stripes, a navy pin stripe and a gray. I also had them altered to take out the pant pleats, which cost a pretty penny as well.

I should have come to this site but I didn't.

 

[Dakota rube]

Can't do L