10/13/10
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Many of us donate bags of clothes to charity without getting a receipt for tax-deduction purposes because sorting clothes can take too much time. The general rule of thumb is easy: Your clothes are worth about 30 percent of their retail price when you donate them. Simply separate your clothes into piles of $5, $10, $25, $50 and so on when estimating what you originally paid for the items. Separate them according to price in a shopping bag and get a receipt for 30 percent of the total retail cost for your donation.