Furniture and Houseware Donation Valuation Guide*

How to Determine Fair Market Value according to Publication 561 in the IRS Guidelines:

The fair market value of used household items, such as furniture, appliances, and linens, is usually much lower than the

price paid when new. These items may have little or no market value because they are in a worn condition, out of style, or

no longer useful. For these reasons, formulas (such as using a percentage of the cost to buy a new replacement item) are

not acceptable in determining value. You cannot take a deduction for household goods donated after August 17, 2006

unless they are in good used condition or better. You should support your valuation with photographs, canceled checks,

receipts from your purchase of the items, or other evidence. Magazine or newspaper articles and photographs that describe

the items and statements by the recipients of the items are also useful. Do not include any of this evidence with your tax

return. *(https://www.irs.gov/pub/irs-pdf/p561.pdf)

Furniture:

FMV

Bookshelf

$10-80

Box Springs

$10-25

Buffet

$35-75

Bunk Beds

$70-100

Chair-Office

$10-40

Chair-Rocking

$10-30

Chair-Upholstered

$5-75

Chair- Not upholstered

$2.50-10

Chest of Drawers

$20-80

Coffee Table

$10-50

Desk

$10-100

Dining Set

$40-250

Dresser w/ Mirror

$40-125

End Table

$5-45

Entertainment Center

$20-130

Folding Bed

$20-50

Headboard-Twin

$15-60

Headboard- Full

$15-65

Headboard- Queen

$20-100

Mattress/Box Spring- Twin, Full

$15-60

Mattress/Box Spring- Queen,

King

$25-150

Nightstand

$15-50

Recliner

$25-125

Sleeper Sofa

$35-$200

Sofa- Large

$30-200

Sofa- Small/Loveseat

$30-150

Wardrobe

$30-80

Wooden Trunk

$15-40

*Fair Market Value's above were determined using a

combination of existing public, online valuation guides

offered by The Salvation Army (www.satruck.org),

Gooodwill Industries (www.goodwill.org), and Tax

Center Plus (www.taxcenterplus.com). Tax preparation

software such as DeductionPro or ItsDeductible are

available online for determining accurate Fair Market

Value's that are consistent with IRS Guidelines.

Household Item:

FMV

Bakeware

$1-5

Bedspread/Quilt

$3-24

Blanket

$3-15

Chair/Sofa Cover

$15-35

Clock- Wall, Radio

$1.50-6

Coffeemaker

$4-15

Curtains

$1.50-12

Drapes

$6.50-40

Glass/Cup

$.50-$2

Griddle

$4-12

Kitchen Utensils

$.50-1.50

Lamp- Floor

$6-50

Lamp- Table

$5-50

Mirror

$5-35

Mixer/Blender

$5-20

Pillow

$2-8

Plate

$.50-3

Pot/Pan

$1-6

Rug-Large

$10-90

Rug- Small

$1.50-12

Towels

$.50-4

TV- Digital ready

$5-75