You need a qualified appraisal to go above $5,000

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Jan 23, 2021
12:41:31pm

Hoosier77 Contributor

You need a qualified appraisal to go above $5,000

Publication 561 (02/2020), Determining the Value of Donated Property | Internal Revenue Service

Publication 561 - Introductory Material

https://www.irs.gov/publications/p561#en_US_201911_publink1000258026

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Hoosier77

Bio page: Hoosier77
Joined: Oct 23, 2008
Last login: Apr 25, 2024
Total posts: 1,169 (31 FO)

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Messages

Author

Time

Feel bad for donation guy at DI. Went in at 945 am with 3 of wife’s old purses

OU Cougar

1/23/21 10:07am

Should’ve dropped em off real quick and ran. Haha.

OmahaThunderCoug

1/23/21 10:11am

But he was going to "Bust him" 🙂

WJCougar

1/23/21 10:12am

Nothing would have happened lol. The guy would have been bewildered and

1/23/21 10:13am

Some people "donate" truly disgusting trash to the DI.

dfudge

1/23/21 10:12am

Yep....most of the crap donated goes right to the garbage

WJCougar

1/23/21 10:13am

Our local DI said they spend $50k a month on garbage dump fees.

cheezedawg

1/23/21 12:23pm

It's crazy how people have survived with D.I. only taking appointments...

WJCougar

1/23/21 10:12am

My wife and I made a DI donation run many years ago. Her sister had made some

1/23/21 10:28am

That is funny!

dfudge

1/23/21 10:32am

You should make this into a youtube short movie

Ojiisan

1/23/21 10:36am

Or go back to DI with a brick that looks similar and ask him to throw it like the other one. Take video and post it here

Crowgar

1/23/21 11:49am

Great story. I have witnessed the same thing several times. I think it is the emotional response to the idea of just

dilbert

1/23/21 10:53am

I could hardly stop laughing as I read your story to

lightmann

1/23/21 11:00am

My neighbor had a funny experience at the DI

85fan

1/23/21 11:04am

This is an absolute masterpiece

runitup590

1/23/21 2:01pm

I agree, 90% is garbage. But I get the tax deduction by donating it.

BYUforlife

1/23/21 11:31am

Just go to Savers

Squirt

1/23/21 10:14am

Put em in the trash somewhere else. Your wife will still have the warm fuzzies.

HansMoleman

1/23/21 10:17am

We take to Goodwill. They are much easier to deal with than DI.

crack

1/23/21 10:19am

We’ve done the same thing since the appointment fiasco, way easier.

Kolipoki

1/23/21 7:14pm

It’s kind of amazing you didn’t know you had to make an appointment, TBH.

OPINIONS

1/23/21 10:26am

Is making an appointment new? Being donating for years, never made an

BYUHgrad

1/23/21 10:31am

Pro Tip: Check on all store policies in Covid. I was surprised.

conetah

1/23/21 10:42am

It is a COVID-era practice.

85fan

1/23/21 10:47am

Should've gone into the store with the 3 purses and set them on the purse shelf

cougarim

1/23/21 10:50am

My FIL donates a ton to the DI

fredy

1/23/21 10:58am

TurboTax has the spreadsheet built in with values for items donated.

Greg4BYU

1/23/21 11:17am

RE: My FIL donates a ton to the DI

Hoosier77

1/23/21 12:36pm

You need a qualified appraisal to go above $5,000

Hoosier77

1/23/21 12:41pm

It's a lot of little items throughout the year.

fredy

1/23/21 12:48pm

Sounds like he is due for an audit.

Hoosier77

1/23/21 12:53pm

I disagree based on my experience

run26

1/23/21 11:19am

RE: I disagree based on my experience

WJCougar

1/23/21 2:40pm

i wasn't rebelling. i was trying to give some nice stuff away.

run26

1/23/21 4:42pm

Good point. And you really showed that worker who's boss.

Cru Jones

1/23/21 7:21pm

years ago I saw a financial report from the northern CA DI region (or something

BYUFBDAD

1/23/21 11:24am

Thrift stores have been a mess in covid. Theres one in the area on a main road

1/23/21 11:38am

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