Value of goods donated
I used FreeTaxUSA last year for the first time for my personal taxes. I was very happy with it, except for one notable exception that it did not provide for. That is it did not provide a tool which estimated the value of common donations - clothing, household, goods, etc. - like I had had with other tax services.
I did not have much luck finding online information with reasonably complete estimates of value. The online lists posted by Goodwill, etc. were missing a lot of common things, and they tended to provide a range of value from min to max which was quite wide. For instance, maybe they’d say a nightstand could be anywhere from $30-$200 (made that up, but that’s the idea).
I understand it’s guess work, but other tax services had offered features where you enter in the type of item and its condition and they put a precise value for you. In other words, they do the guess work instead of making me do it.
Luckily it did not matter for me last year, as I was nowhere near itemizing. However, as a resident of a reasonably high tax state, the new expanded SALT deduction will definitely allow me to itemize for this year.
Does anyone know whether FreeTaxUSA may plan to offer any such service? It seems like it could be a tempting addition to their deluxe package - or a standalone add-on. If not, are there any better sources of information I could use myself? Even if I had to pay a little bit to access it?