Top positive review
20 people found this helpful
a must if you donate clothing & household items to charity
on January 18, 2003
This software helps you keep track of all charitable deductions, and keeps a running tally of your tax savings as you add new deductions. Its real beauty, though, is in calculating value and deductions for clothing and household items donated to charity. For any given tax year, you enter the charity information (name, address, purpose of charity), and then create an entry for each specific donation. For clothing & household items, you find the items from an easy-to-use list, evaluate their condition (good, average, poor) and enter a quantity. It's deductible does the rest. The list of clothing items is fairly comprehensive, but the list for household items is less so. It's easy to add "custom items" to the list, though you will have to come up with the fair value for custom items. As an added bonus -- I now have much more closet and attic space. After I started using this program to calculate the value of my donations, I went on a serious closet-cleaning spree. Knowing that I can take a deduction for a beautiful but once-worn dress makes it much easier to part with.