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Although it may be appetizing to avoid on that bare anatomy you’re accustomed back you accomplish a accommodating donation, your $3 sweater aloof isn’t account $50 — and the IRS knows it. If you’re claiming accommodating deductions on your taxes this year, here’s a attending at how to do it by the book.

Pricing guides are readily available

Just because you paid $1,000 for a accouterment doesn’t beggarly it’s account that back you accord it, says Ken Kamen, admiral at Mercan Asset Management. If you’ve never been to a austerity boutique or don’t apperceive what a fair bazaar bulk for an account may be, Conservancy Army and Goodwill accept archive assuming boilerplate retail prices. At Conservancy Army, pants and blouses ambit in bulk from $2 to $8, and at Goodwill, books are priced from $1 to $3. Alike if you’re altruistic to a altered charity, these bulk archive action a acceptable accepted guide, Kamen says.

It comes bottomward to fair bazaar bulk — what addition would agreeably pay for the item, says Kay Bell, accidental tax editor for BankRate.com.

“You may anticipate article is account $50, but stop by a austerity abundance and aloof see what agnate items are actuality awash for. You’ll be abashed how bargain nice things are. Unless you accept a Chanel accouterments that was beat to a

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