May 3rd 2008 10:39 pm
Tools
Deduction Pro
Deduction Pro is software you can use to keep track of all of your deductions. It is especially useful for non-cash contributions like clothes and household goods that you donate to charities.
It gives recommended prices for common items. Keep in mind that these are guidelines and not hard and fast rules. A truer fair market value may be higher or lower. Fair Market Value is what someone would reasonably pay for an item. You can gauge this by looking at thrift store prices, ebay, craigslist, resale shops, etc. if you think your item might be worth more or less than the amount listed.
You can use Deduction Pro for FREE here…
https://www.deductionpro.com/dpro/Welcome.jsp
If you prefer a download, an older version of Deduction Pro is available at…
http://www.hrblock.com/assets/partners/dpro_giveaway.html
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