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Financial Planning / Tax Strategies


Subject:  Re: Charitable deduction question Date:  7/31/2013  10:20 AM
Author:  PSUEngineer Number:  118941 of 121061

1. Are you really doing it to benefit the charity, or because it's a convenient way to get rid of stuff that doesn't go in the trash or recycling easily?

I would prefer landfill not filling with usable items. It is easier to dump it than to donate it. Of course, you think I'm more sincere to wake up earlier on a weekend, set stuff up in the driveway, dicker all morning with people over price of an item and then donate the cash to Goodwill than it is to drive the items down to Goodwill and donate the items directly. So to answer your question, yes it is a convenient way to get rid of good quality usable items because I loathe holding garage sales.

2. How do your cash contributions compare to the noncash(junk)?

