I finally finished up valuing our yard sale leftovers that we donated to multiple charities! Turbo Tax has this great online tool called Its Deductible that lets you keep track of your donations throughout the year and estimate the value of donations to make it easier at tax time. Where has this been all my life!?
The Grand Total was $8,411.50!! Wowza!! It all added up and it was totally worth tracking all of it for our tax return!! Since charitable donations reduce your taxable income, it's not dollar for dollar tax savings, but that means we will see about $2000 in tax savings. That will help us so much! Thank you again to all of our friends and family who donated their items to our sale!!
Note: the donation to Cross Point Church was the clothes and coats for Lakota Journey.
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