What Is the Purpose of a Goodwill Donation Receipt?


Quick Answer

Goodwill is an IRS-recognized 501(c)(3) charity, meaning people who donate items and get a receipt can file for a tax deduction. While it is a good idea to get receipts for any Goodwill donations, the IRS notes that, as of 2014, donations of $250 or more require a receipt.

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Full Answer

The receipt from Goodwill, or any other nonprofit, should note that the items of value were donated without any delivery of goods or services. For the donation to be tax-deductible, the person cannot receive something of value in return. A receipt indicating the items, date and location is also helpful in the event of an audit.

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