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My mother died last year. Donated 99% of her property to Goodwill. What percentage can I deduct on my 2011 tax return?
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January 25th, 2012
Most everything she owned was donated to Goodwill. I was the legal executor of her estate. I received an itemized list of the property donated to Goodwill. A fair market price will be estimated for each article donated.
Question: is there a ceiling limit on donations to charities for income tax deduction purposes? Also, is there a certain form I have to complete and send to the IRS?
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