Are my donations tax deductible?
The Friends of the Fitchburg Library is a 501 (c) (3) charitable organization. Cash contributions may be deducted if you itemize deductions on your federal tax return. You must follow IRS guidelines on reporting and documenting qualified deductions.
If you itemize deductions, you may be entitled to claim a charitable deduction for your donation of used books. You must determine the fair market value of the books donated. Refer to IRS regulations for guidance on determining the fair market value.