How does ItsDeductible determine the value of donated items?
Using its patent-pending Intelligent IndexingTM technology, ItsDeductible has organized and compiled pricing data based on extensive research of resale outlets as well as recent market data from eBay. The eBay Data Licensing Program provides ItsDeductible with daily feeds of closed live auction transaction pricing information allowing ItsDeductible to include thousands more valuations for items that go beyond the most commonly donated items. Examples include: computer hardware, cameras and other electronic equipment. The result is an accurate, current and comprehensive database of values determined in accordance with IRS guidelines. Then, each donated item is assigned a specific value based on item type and condition.