Bloomberg.com: Worldwide: "Non-Cash Gifts to Charity Reach $37 Bln, First IRS Study Shows
July 24 (Bloomberg) -- Six million Americans claimed $37 billion in tax deductions for non-cash charitable donations in 2003, including 2,179 households that wrote-off $1.5 billion for simply agreeing not to alter household facades or landscapes, new Internal Revenue Service data show.
The tax collection agency, in its first detailed study of the loosely regulated area, said 4 million households filed tax returns claiming an average of $1,440 in deductions for donated clothing and 2.4 million taxpayers claimed an average of $1,356 for donated household goods in 2003, the most recent year for which data were available."
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