Sabrina loves the latest fashions, but she is also very charitable. Every year she donates her previous year's clothing to Goodwill to make room in her closet for this year's fashions. Sabrina estimates the value of her donation to be approximately $6,000. Sabrina recently learned that because her donation exceeds $5,000, she must support her donation with an appraisal and a signed statement by the appraiser on Form 8283. Sabrina decides to claim a charitable deduction of $4,900 to avoid the appraisal requirement. What do you think of Sabrina's decision? Do you think that nationally there is an abnormally large number of charitable contributions valued just under $5,000?

Answer rating: 100% (QA)

As I believe one does not have any birth right to get any type of donation its one donor to deci... View the full answer