Donations increase, tax deduction deadline approaches - WECT TV6-WECT.com:News, weather & sports Wilmington, NC

Donations increase, tax deduction deadline approaches

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Donations increase, tax deduction deadline approaches Donations increase, tax deduction deadline approaches

WILMINGTON, NC - (WECT) - More and more people are dropping off bags at Goodwill. Representatives say the week between Christmas and New Year's is one of the busiest times of the year.

Friday, there wasn't a quiet moment as people dropped off everything from furniture, to clothing, to childrens toys. People dropping items off, say they're donating now because they want to be sure to get a tax deduction and now is when they have time off to clean out their closets.

"It's not much but it's something," said Kevin McKoy, about the deduction. "It makes it worth driving up here every little bit helps."

"Most of the time the donation portion of the store is extremely busy with just one person after the other coming in with their donations," said spokesperson Becky Lytle.

According to Goodwill's press release, "The Internal Revenue Service allows a deduction for each item, but the donor determines each item's value. Generally, an item's value should be based on fair market value – what the item would sell for in a thrift store.  GCF Donation Centers and Stores® provide receipts to each donor."

The stores will be open until 6pm on New Year's Eve.

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