Last day to donate!
Our lives are so totally interesting. Big item on the calendar for New Year’s Eve? Take items to Goodwill to donate. Gotta get that donation in before Jan 1st so it’s tax deductible!
It amazes me how much stuff we donate to Goodwill each year. We have a huge list of items. Does anyone else feel like they are constantly donating stuff too?
Anyone else making any last minute donations? Tangible or monetary?
I remembered there was a fundraiser I wanted to donate to, and made sure to today. That makes me sound really bad, but hey, it’s the truth!
Themocracy
We donate constantly too! I think it’s the result of a certain OCD person that lives in my home. (um, me)
We did not do any last minute donations but we did go to the eye doctor for new contacts before our flex money ran out for the year! 🙂
The Salvation Army drop-off in Chicago was jammed yesterday! Apparently, there are lots of last minute donors. 🙂
We rarely donate enough stuff to get above the standard deduction. Although, this year we did donate a TON when we moved. I didn’t keep track of it, though. Oh well.
I donate (to Goodwill) throughout the year. I’ve never donated enough to make the deduction though. Although I’ll get the “college student” deduction this year! Woot Woot!!
Ooo, that is awesome!
HA! You guys are on it to make sure you get stuff in! 🙂 We donate all the time but I never keep track of it. Does it add up that much?
It does add up! They have a donation amount on their site where you add up the monetary value of the things you donated… we always hit the deduction amount!
I, too, lined up at the Goodwill yesterday to drop off my 11 bags. I wasn’t alone – they were taking in a lot of donations!
Woo hoo! I was worried there would be a line at ours but there wasn’t.
I’ve been donating a lot of stuff lately too. I’m trying to purge all the stuff I don’t need, and there are donation bins all over the place, so I almost always have a trunk full of stuff to drop off.
I donate money quite often to small local animal rescues. I “like” a few of them on FB and they are always posting asking for money for food or help with a rescue that requires particularly expensive vet care… I can’t say no to those. Until I can figure out a way to do rescue stuff myself, it’s the least I can do.
I donate regularly too although I hadn’t thought about the tax deduction benefits until recently (as I didn’t donate THAT much for a single non-home-owning individual). I hope to track our donations in 2013 to be able to maximize our tax deduction benefits!
I am all about making donations on 12/31 for tax purposes. I’ve had a huge pile of clothing sitting in my closet for literally two months that I meant to drop off at Goodwill. It wasn’t until yesterday that I finally got around to doing it! I am trying to rid my house of excess clutter and junk so I really do love donating the things that I don’t get enough use out of anymore. It brings me new energy!!!
It gives me new energy too. I think in general, having less clutter does that! 🙂
I don’t keep track of what I donate, but I probably should (though I doubt it’s enough for make a difference). I want to get into the habit of donating at regular intervals to prevent the accumulation of too much stuff in our house; I’m thinking something like every time I get something new (clothes, housewares), I should purge at least one thing.
I so rather donate than throw something to the curb. However, if I can’t get to Goodwill or the Salvation Army and I have to put it out to the curb, I get excited when someone else finds the item and takes it home with them.
It amazes me that you keep track of this! I saved my donation receipts a couple years ago, when I did a huge purge before moving, and found that I still did better with the standard deduction tax-wise, so I just donate out of the goodness of my heart, no tax benefits. And because someone else needs to use my stuff and wear my old clothes. Which reminds me, I STILL have a ton of clothes to get rid of!
I usually do a few monetary charity donations throughout the year, especially this year since I was fundraising for my sister-in-law – it seems like a lot of fundraising is reciprocal, so I’m more than happy to support other people’s causes too.
I didn’t even realize you could use this as a tax deduction until our accountant (term used loosely) told us! So I don’t only donate for that reason, but I do definitely claim it 😉 Is there any tax deduction when you raise money? I am imagining no. I never raise it, but do donate a lot!
To be honest, I’m just too lazy to itemize 🙂
I don’t think there’s any tax deduction for fundraising (perhaps more people would do it if there was?), but it definitely helps to be able tell other people their donations are tax-deductible because a lot of people do claim them!
We made a huge drop off to Goodwill too! Thank you so much for your donation!
You’re welcome! And thanks for the reminder 🙂