Itsdeductible: Tax Year 2004 Workbook Book

Anyone who gives clothing or household objects to charities and itemizes their tax return can benefit from ItsDeductible - the only book available that determines the fair-market value of commonly donated items. It is updated annually, with 75 percent of the valuations changed for this year's edition. Although millions of people deduct such donations on their returns, most underestimate the value of their items. With categories for clothing, jewelry, baby supplies, toys, small appliances, tools, sporting goods, and more, this "comprehensive and detailed" workbook (The Wall Street Journal) will increase the user's tax savings by an average of $500. In addition to assessing noncash donations, readers can also easily track monetary and property donations, out-of-pocket expenses, and mileage expenses incurred while driving on behalf of a charity.