If you have a bed frame that you no longer need, but is in good condition, you can donate it to a local non-profit organization. As long as you choose an organization that is listed with the IRS, you can claim your donation on your taxes. Your charitable donation amount is the fair market value of the bed frame, which usually is different from the price you paid for it. The IRS defines it as the price a buyer would pay for your frame in the current market.
Assess the fair market value of the bed frame by checking the Salvation Army Valuation Guide for Donations online. You also can check prices locally in thrift stores and in newspaper classified ads. If you get a wide range of values, just add them together and divide by the total number of values to come up with the average.
Check if the charity you are donating to is listed with the IRS for tax deductible donations. If not, or if you don't have a charity picked out, just search at IRS.gov by name, city or state for an eligible non-profit. National charities that accept bed frame donations include Goodwill and Salvation Army.
Get your bed frame to the charity donation center, unless you have chosen a charity that picks up furniture. For example, the Salvation Army prefers that furniture, including bed frames, be picked up by their truck. Call 800-728-7825 to schedule a pickup by Salvation Army. Other charities, such as Goodwill, have drop-off donation centers.
Ask for a donation receipt for your bed frame donation. You'll need this when filing your taxes.
- Typically, charities do not accept mattress donations with the bed frame.
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