Is there a dollar or percent limit to clothing donations in a year?

Forum|Forum|7 years ago
May 31, 2019
3 replies
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I file Schedule A and deduct real estate taxes and interest and charitable contributions tto. So I itemize more than the standard deduction. I am donating a large amount of clothing to charity this year. Is there an IRS limit to what they allow me to claim?

ItsDeductible Online

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TaxGuyBill

Employee

If a contribution has a value of $250 or more, you will need to have QUALIFIED receipt, and perhaps other documentation:
<a rel="nofollow" target="_blank" href="https://www.irs.gov/publications/p526/ar02.html#en_US_2014_publink1000229843">https://www.irs.gov/publications/p526/ar02.html#en_US_2014_publink1000229843</a>

B

bwa

Employee

There is no specific dollar limit. However, there are several percentage limitations. The most common limitation is that charitable contributions to public charities cannot exceed 50% of your adjusted gross income. As very few people give away more than 50% of their income in a year, it is rarely reached.

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SweetieJean

Employee

Please read this thread:

https://ttlc.intuit.com/questions/2912835-is-there-a-cap-on-how-much-you-can-donate-and-not-get-a-sa...