Northwest Indiana News: nwitimes.com: "Legislation would change rules for giving
CHARITIES: Local resale shops question proposed master value list
BY KELBY HARTSON CARR
kcarr@nwitimes.com
219.462.5151
This story ran on nwitimes.com on Thursday, November 17, 2005 12:45 AM CST
'Tis the season for cleaning out closets, dragging bags full of retro clothes to the nearest resale shop and cashing in on a tax break.
Legislation under consideration in the U.S. Senate could alter the way people contribute clothing and household items to charities.
It would allow donors to get a tax deduction even if they don't itemize on their IRS taxes, which local charities heralded as a way to encourage giving. The donation must total at least $210 for a single filer, or $420 for joint filers."
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