You fill in a reasonable, fair-market value of the donation. This means not the original purchase price but what a willing buyer would pay.This step-by-step guide will help you fill out the donation tax receipt and get things in order for tax season. We've created this stepbystep guide on everything you need to know about creating a donation receipt letter for tax purposes. A donation receipt documents the details of a cash or property donation that's gifted to an individual cause or organization. This receipt is issued to individuals who have donated cash or payment, personal property, or a vehicle and seek to claim the donation as a tax deduction. To create a 501(c)(3)-compliant receipt with Donorbox, simply log in and use our easy template editor. Donation receipts are important! Here's how to create donation receipts your donors (and the IRS) will love. Use the free New Jersey Online Filing Service to file your 2024 NJ-1040 return.