Basic Needs Ministry - A Public Charity - Cleveland Library Suggested Tax Deductions

Cleveland Library - Suggested Tax Deductions

We do not have the expertise to determine your tex deductions, but will share this very well known and used information. To get current year recommendations, check the current version of TurboTax.

This is an example of tax deductions published by TurboTax developers in ItsDeductible for tax year 2006. Having not heard of challenges to these figures in the past two years, we assume the values were appropriate. It was in 2006 that the tax code was changed banning any deduction for items not in good or better condition.

Books and Videos
	High Value*	Medium Value*	Low Value*
Textbook	$10.00	$5.00	$1.50
Hard Cover	$6.00	$3.00	$1.00
Soft Cover	$4.00	$2.50	$.50
Children's Hard Cover	$4.00	$2.50	$.50
Children's Soft Cover	$3.00	$1.50	$.50
Children's Cloth Cover	$3.00	$2.00	$.50
Children's Board Cover	$2.50	$2.00	$.25
Movie - DVD	$5.00	$3.00	$.75
Movie - VHS	$4.00	$2.50	$.75

*Determined by condition, style, use, and age

Cleveland Library
Location: Basic Needs Ministry, 5533 NC HWY 42 W, Units D96-100, Garner, NC 27529
Mail: Cleveland Library, 1413 Kenbrook Dr., Garner, NC 27529-4447
Telephone: 919-661-6565