If you are in the Pompano Beach area of Florida and you have some books that you do not want to keep, you can donate them to non-profit organizations in the area. In fact, if the organization that you take your used books to is listed with the IRS those donations turn into a tax deduction. You can only deduct the fair market value of the books, which is different from the price you paid for the books. Instead, the fair market value is the price a buyer would pay for the used book in the current market.
Check with the IRS charities database to verify that the place where you want to donate is eligible for tax deductible donations. If you don't have a charity in mind, you can search by name and location. Some charities in Pompano Beach that accept used books include the Salvation Army and the St. Vincent Thrift Store.
Get the fair market value of the donated books by checking current market prices for books in a similar condition on Amazon and Half.com. If you get multiple prices, just add them together and divide by the total number of prices to get the average. You can also check the prices of similar books at thrift stores around Pompano Beach and Broward county.
Take your used books to the organization that you have selected for donation. Ask for a donation receipt so that you can claim the donation on your taxes.
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