The Pension Protection Act of 2006 has changed the recordkeeping requirements for money donations starting in 2007. To deduct a money donation, regardless of the amount, you must have a bank record or a written statement from the charity showing the charity’s name, the date, and the amount of the donation. Acceptable bank records include canceled checks and bank and credit card statements.
The Pension Protection Act also requires that item donations made—used clothing, toys, furniture, linens, and appliances—must be in good condition to qualify for a deduction. However, Congress didn’t define "good" condition. We recommend that you deduct donations only if the organization intends to sell or use the donated items for its charitable purposes. In particular, if an item is heavily worn, don’t assume that the organization will sell or use it. To be sure, ask the organization.
To learn more, see IRS Publication 526, Charitable Contributions.