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Donation Value Guide 2023 Form: What You Should Know
Decorative Item. Free. Handheld Item/Game. 12. Luggage/Convertible. Free. Miscellaneous. 7. Photo Costumes. 12. Sunglasses. 8. Assume the following item is not in a good condition and is sold in a charity auction. Items sold at charity auctions are not taxable under Section 170. This may not apply to items sold to the non-profit organization. In the event an item sold at a charity auction is resold after a charitable organization has bought it, the proceeds of that sale are taxable. 1. Jacket. 16. 2. Pants. 23. Item 1 would be valued at 36. Item 2 would be valued at 45. This may not apply to items sold to the non-profit organization. In the event an item sold at a charity auction is resold after a charitable organization has bought it, the proceeds of that sale are taxable. Valuation Guide for Charity Auction Item Value of Money Auction Item Value of Clothing and Accessories Apparel and Accessories Apparel and accessories: 40. Business suit: 10. Photo Costumes or Sunglasses: 15. Shoes/Boots: 13. Apparel and Accessories: 48. Handheld Device or Game: 5. Apparel and Accessories: 6. Photo Costumes, Sunglasses or Luggage: 9. Apparel and Accessories: 20. Photo Costumes: Free. Miscellaneous: 4. Apparel and Accessories: 8. Miscellaneous: 1. Apparel and Accessories: 5. Miscellaneous: 1. Apparel and Accessories: 15. Miscellaneous: Free. Apparel and Accessories: 12. Miscellaneous: Free. Assume the following items are not in a good condition, and remember: prices are only estimated values • 1. Jacket, pants, or sport coat. Free. • 2. Luggage (discontinued) or convertible. Free. • 3. Shoes (discontinued). 15. • 3. Car Accessories: 28. • 4. Clothing, accessories, photo costume. 12. • 6. Video Game, television, or video game system. 39. • 6. Clothing: 2,000. • 12. Miscellaneous: 5. • 13. Other: 2.
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