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You have calculated the idea and sent a mandatory thank youyou note.
But, what should you do with unwanted electric toothbrushes or desk accessories received as a holiday gift?
Tanisha Warner, a spokesman for Regiftable, said the dilemma used to be full of guilt.
Com, a website run by a financial company
International proposal for fund management of non-profit organizations.
"More and more people are coming back.
"Now gifts are meant to save money," Warner said . ".
"It promotes recycling and can be done thoughtfully over the course of the Year --round. ” When not re-
Gift giving, some unwanted gifts are very valuable, they can put money in your wallet or help you save your taxes.
So don't hide the crystal vase before mom comes. Choose to re-
Give away, sell or donate holiday purchases you don't want.
According to the consumer report survey, 36% of Americans
Give away an unwanted gift this year.
"This is not a new concept and is losing its shame in this economic age," Warner said . ".
"The key is to take into account the tastes and needs of new recipients.
"Keep it sealed: too many people re-gift half-
Used perfume
Prevent this courtesy by saving the gift in the original package.
If you are lazy, you will end up with a box for Susan that says "give it to Margaret with love ".
"Repackaging the gift with new paper will force you to check the old card.
Warner says leaving evidence is the most common mistake people make when they re-investigategifting.
Beware of social networks: no more
Presented in the same circle of friends.
If a friend who gives you an ugly jacket sees your common friend wearing it, it will definitely show up in the conversation --
Both friends feel left out.
EBay: new sellers often have a hard time competing for buyers on eBay, but now you can list up to 50 items per month for free and only pay commission when the item is sold.
EBay has users to help you get started-Friendly Guide.
SOCExchange: similar to eBay, SOCexchange.
Online auction site com is the latest online auction site in Australia.
For all the products you have listed, it charges a commission of 2% with a maximum commission of $10.
It does not charge commission on the items listed before January.
31, benefit 1-
Time sellers who want to throw away holiday gifts.
So the husband has a bad taste of jewelry.
If you don't wear it, why not exchange or sell it in cash at the pawnshop?
Larger electronics can also be used to swap chips, so make a deal on what you need or want.
Before selling, however, be sure to look around and visit more than one pawnshop to find the best prices for your items.
The capital's hospice, the goodwill of big Washington, and even charities such as the National Zoo will take away some of the extras you lay at home.
Donating unwanted clothes, furniture and tools to charities not only helps others, but also helps reduce taxes.
"A sweater may not have much impact on your taxes, but the donation is high
Value programs increase risk, "said Jill Chaney, chief tax analyst at the H & R Block Tax Institute.
Get to know your charity: Make sure you donate money to an organization with taxes
Exemption status for Internal Revenue Services.
For a complete list of where to donate and what to donate, please visit the charity selection. com.
Know Your Value: The IRS allows you to deduct the trade fair
The market value (or actual value) of the commodity ).
Follow its guidelines and remember that it will depreciate if the project is not new.
You want a receipt: When did the item be bought and how much did it cost?
If you don't get a big receipt
Chani suggested going to the store and taking a picture of the price tag.
You need to attach the price when filing tax returns.
A photo is worth saying: if the IRS asks you to prove the value of your item, take a photo of the donation.
The bottom line is that there is no excuse not to take advantage of the vegetable cutting machine (or profit from it) that your grandmother has given you ). Re-
Giving gifts can save you money you would have spent.
Selling gifts online or pawnshops will put cash in your pocket in the short term, but, if considered properly, donating gifts to charities will have a significant impact on your taxes.