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Thread: Is fabric used for charity quilts tax deductible?

  1. #1
    Junior Member Quiltgirl26's Avatar
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    If so do you know how much you can deduct?

  2. #2
    Super Member donnajean's Avatar
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    Just keep your receipts. They are very fussy about proof now. Also, it has to be a recognized charitable institution to be able to claim the deduction.

    Quote Originally Posted by Quiltgirl26
    If so do you know how much you can deduct?

  3. #3
    Super Member Scissor Queen's Avatar
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    Quote Originally Posted by donnajean
    Just keep your receipts. They are very fussy about proof now. Also, it has to be a recognized charitable institution to be able to claim the deduction.

    Quote Originally Posted by Quiltgirl26
    If so do you know how much you can deduct?
    You can deduct exactly what you paid for the fabric. You can't deduct for your time making the quilts. You can possibly deduct mileage for going to the donation place and back.

  4. #4
    Super Member ckcowl's Avatar
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    good documentation is needed-
    you can claim the actual expenses---fabrics, notions, batting ect--with receipts---
    not the value of the quilt but the actual cost of materials is tax deductable as long as you give to registered non-profits- and get a tax receipt from the non-profit.
    or if you mail your quilt to an organization send it with proof= and keep your postal receipt.

  5. #5
    Super Member ghostrider's Avatar
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    And it's only the fabric, etc that actually went into the quilt...not what you have left over. No fair claiming 10 yards and having 6 yards of 'scrap'. ;)

  6. #6
    Junior Member Quiltgirl26's Avatar
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    So is there a monetary limit? Like you can only claim up to $500 etc.

  7. #7
    Super Member ghostrider's Avatar
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    Quote Originally Posted by Quiltgirl26
    So is there a monetary limit? Like you can only claim up to $500 etc.
    If the amount of your deduction (before any income limits) is more than $500, you have to complete Form 8283. Because quilts are considered a 'household item', they also fall under a lower limit for the appraisal requirement.

    The appraisal requirement limit is only $500 for clothing and household items. So, if your quilt is worth more than $500, you'll need to attach an appraisal and a form 8283 to your tax return for it. All of those limits are for single items, IOW one quilt, not total deductions claimed. See IRS Publication 561 for all the details.

    (sorry, I slipped into 'accountant' mode for a minute there :oops: )

  8. #8
    Super Member rwquilts's Avatar
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    Looks like everyone has already given you the excellent advice you need! I will just say..."Ditto" Good luck!

  9. #9
    Junior Member Quiltgirl26's Avatar
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    Great thank you so much for the information! I love this board!!

  10. #10
    Super Member fred singer's Avatar
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    all ways a form to fill out

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