FAIR MARKET VALUE GUIDE FOR USED ITEMS

1 FAIR MARKET VALUE GUIDE FOR USED ITEMS RECORDKEEPING RULES FOR charitable contributions CASH contributions Receipts are required regardless of the dollar amount, even for as little as a $1 contribution. Contribution amounts of less than $250 and made to a charitable organization, a bank record ( canceled check/credit card statement) or a written acknowledgement from the charity is needed. Contribution amounts of more than $250 and to a charitable organization, you must have both a bank record and a written acknowledgement from the charity. NON CASH contributions Deduction of less than $250 - A receipt or a written acknowledgement from the charity. Deduction between $250 and $500 - A written acknowledgement by the charitable organization. Deduction between $501 and $5,000 - Same records required as the $250 to $500 category. In addition, records must show how the property was acquired, the date acquired and the adjusted basis of the property.

2 Deduction of more than $5,000 - Same records required as the $501 to $5,000 category. In addition, most contributions require a written appraisal. To help substantiate a deduction for the fair MARKET VALUE of used ITEMS donated to charity, make a list of each item donated on a separate sheet of paper along with the following information: Name and address of charity. Date ITEMS were donated to the charity. Descriptions of each item donated. Fair MARKET VALUE of each item at the time they were donated (see the following list). Date each donated item was originally purchased or acquired. Cost or other basis of each item donated. ITEMS need to be in good condition or better. MEN S CLOTHING $2 8 $5 15 Belts/not $2 6 $7 40 $8 20 $4 21 $2 6 $2 10 $1 9 Ski $14 20 $3 11 $2 10 $15 40 Sweat $2 12 $5 15 MEN S CLOTHING - Continued $4 12 $1 6 $1 5 $10 60 $2 6 WOMEN S CLOTHING $5 15 Belts/not $2 6 $6 18 $7 40 Dresses/evening $3 30 $3 17 Hospital $3 5 Intimate $2 10 $4 21 $3 9 $2 12 $4 10 $1 9 $2 12 $2 10 $2 10 $5 30 Sweat $2 12 $2 20 $4 12 $1 6 $1 6 $3 9 Wedding $25 40 CHILDREN S CLOTHING $3 9 Belts/not $1 2 $3 15 $2 6 $2 10 $1 6 $1 6 $2 10 $1 6 $1 6 Sweat $1 6 $1 3 INFANTS 0 $3 5 Baby $1 15 Coat to $5 8 COMPUTERS $5

3 50 $5 150 $100 400 MISCELLANEOUS $50 200 $2 10 $15 250 Riding $50 300 $4 12 Washing $28 150 ELECTRICAL ITEMS $5 15 $20 200 Coffee $4 15 Curling $2 5 DVD $8 15 $5 30 $2 20 $5 50 $5 20 Small $2 8 Stereo $25 100 $60 170 Vacuum $20 40 $8 15 KITCHEN ITEMS Baking $1 3 $1 2 $1 2 $1 3 Pots and $1 3 SPORTING GOODS $12 60 Exercise $5 200 Fishing $5 25 Golf $2 25 $3 15 $5 50 $5 15 Tennis $3 10 $5 20 $5 40 TOYS, GAMES $1 2 Board $1 2 Stuffed $1 2 BOOKS, RECORDS, ETC. $2 5 $2 5 Hard cover $2 6 Paperback $1 3 $1 2 FURNITURE Bed/complete (double).. $50 170 Bed/complete (single).. $35 100 Bedroom set (complete).

4 $250 500 $5 15 $20 60 China $40 150 Coffee $10 25 Crib with $25 100 $30 90 Dining room set (complete).. $150 900 $25 80 End $5 20 High $10 50 Kitchen $40 100 Mattress/box $10 50 Play $4 30 $30 50 $30 150 $15 60 Wooden $15 30 TEXTILES Bath $2 6 $8 24 $2 15 $2 8 Dish $1 2 $7 30 $8 24 $3 10 Sheets, Pillows or Mattress $2 8 $3 5 Throw $3 10 $2 6 APPLIANCES Air $20 90 $45 90 $3 25 Gas $50 125 $8 22 $3 10 Lawn $5 65 $5 15 $20 40