We've created this stepbystep guide on everything you need to know about creating a donation receipt letter for tax purposes. Learn how to easily create your donation receipts and the best practices to follow in the year-end receipts to your donors.Looking to craft your donation receipts? Learn about IRS requirements, best practices, tips for writing them, and some frequently asked questions! The receipt they handed me just had "2 bags, clothes" listed on it. As the donor, apparently I am supposed to fill in the value. Keep track of your fundraising efforts with donation receipts. Learn why, how, and when to issue them in this guide. In this post, we'll outline the various tax forms your donors need and how Paybee can help your nonprofit issue such receipts. Yearend donation receipts help both donors and nonprofits maintain transparency and ensure everyone can complete their federal and state filings accurately.