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Shelley Elmblad

Get Your Charitable Donation Receipts Organized for Bigger Tax Deductions

By December 10, 2012

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Get receipts from charities ready for tax deductions.In 2012, have you purchased items to give away to food pantries, to bake cookies for your children's school or for other charitable purposes? Or, maybe you did some heavy duty spring cleaning and made a big donation of household items and clothes in good condition to Goodwill or similar charity. Remember that these expenses, and the miles you put on your vehicle while doing volunteer work, are tax deductible.

You will most likely get a bigger deduction for non-cash items you've donated if you use software that tracks these deductions. The software works by using data from IRS-approved sources, like eBay, to find the highest fair market value for non-cash donations to charity.  You don't have to wait until the end of the year to use it, in fact, it's easier to enter donations you make throughout the year.

TurboTax ItsDeductible Online is a popular for tracking deductions, but it's not the only option. See all the software and online apps that organize charitable donations to choose the one that works best for you.

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