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The estimated value of the donated clothes is 500.

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AnswerBot

5mo ago

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Related Questions

What is the donated goods value guide and how can it help determine the value of donated goods?

The donated goods value guide is a resource that provides estimated values for different types of donated items, such as clothing, furniture, and household goods. It can help determine the value of donated goods by providing a general guideline for how much these items are worth, which can be useful for tax purposes when claiming deductions for charitable donations.


What is the fair market value of the donated items?

The fair market value of donated items is the estimated price they would sell for in a transaction between a willing buyer and seller, considering their condition and market demand.


Can I claim a tax deduction by donating a used car to charity?

You can claim the estimated value of the car if you have donated it to charity.


What is the IRS value guide for donated items and how can it help me determine the value of my donations for tax purposes?

The IRS value guide provides estimated values for donated items to help you determine the fair market value of your donations for tax purposes. By using this guide, you can ensure that you are accurately valuing your donations when claiming them as deductions on your tax return.


Can I claim a donated car on my taxes?

Generally speaking, yes you can. As long as the car is being donated to a charitable cause, you should be able to write off its estimated value-- ask the charity you plan on donating to for specifics on valuation.


What do they do with the old clothes on what not to wear?

Old clothes on the TLC reality show What Not To Wear are donated to charity


How much are your donated items worth?

The value of our donated items is determined by their condition, quality, and market demand.


How many clothes are recycled every year?

It is estimated that over 1 million tons of clothing are recycled each year in the United States. This includes both clothing donated to charities and clothing recycled through textile recycling programs.


How much money is donated to charaties?

All of it. Clothes, toys, etc. are donated to a charity, such as The Salvation Army or Good Will, and then people go and buy this stuff. The money made is donated to buy houses, food, etc. for people who need it.


Hellenistic scientist who estimated the value of pi?

Archimedes estimated the correct value of pi


What value guides should be used for donated items?

When determining the value of donated items, it is important to use fair market value as a guide. This means assessing the price the item would sell for in its current condition and location.


Can you sell clothes at Goodwill?

Do you mean to sell them to Goodwill? No, they want the clothing to be donated so they make the money for their programs. Take your clothes to a consignment store for selling them.