Is my donation tax-deductible?
Yes, your donation is tax-deductible. On the yellow Savers postcard you will find a small receipt that you can cut out and save for your records. If you do not have a postcard or if you donated at a drop off location, you can download a receipt.
Are my donations at a Savers store or at a bin tax-deductible?
Yes, donations dropped off at a Savers store or a green Epilepsy Foundation bin. If you donated at a drop off location, you can download a receipt.
How do I determine the value of my donation?
It is a donor's responsibility to assign values to his or her donation. Values should be based on secondhand market values, and not what the items cost when they were originally purchased. For more information, consult the IRS website at http://www.irs.gov/, specifically Publication 526.
What do I need for preparing my taxes?
You should keep a detailed list of the items you donated and the values of those items. You will also need our Federal Tax ID number and our mailing address:
Federal Tax ID: 52-0856660
8301 Professional Place
Landover, MD 20785
My accountant said I need a signed letter acknowledging what I donated and the value of those items. Is that true?
We cannot verify what items you donate or the values of those items. It would be impossible for a nonprofit to verify each item of clothing a person gave, as well as the values. That is why it is important for you to maintain good records of what you donated, and give items fair values. In most cases, donors can give up to $500 of goods without a qualified appraisal. We recommend consulting the IRS website at http://www.irs.gov/, specifically Publication 526.