How do I determine the value of non-cash donations for tax purposes ?
The value of non-cash donations, such as clothing, household items, or securities, is typically based on fair market value at the time of the donation. Receipts or appraisals may be required for high-value items.
Find more information on how to determining the value of non-cash donations on the CRA website: Determining fair market value of gifts in kind (non-cash gifts) - Canada.ca (opens in a new tab)
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