If you itemize your tax return, you are in a perfect position to pick up some extra dough.

You are allowed to deduct the fair market value of items you donate to qualified charitable organizations. But you probably don't do a very good job of it because how on earth are you supposed to know the fair market value of that computer or bag of clothes?

If you're like most of us, you stuff a bunch of clothes into bags, drop them off at a collection center and claim a $100 deduction.< ...

( Back to Article )