⏰ Tax Deadline: December 31, 2025
Donations must be COMPLETED by Dec 31 to count for 2025 taxes
Why Donate Before December 31?
To claim a charitable tax deduction for 2025, donations must be completed by December 31, 2025. This is the IRS deadline—no extensions.
Donating designer clothing to OnlyFuego (a 501(c)(3) nonprofit) lets you deduct the fair market value from your 2025 taxes. A $3,000 designer dress might save you $500-$1,000+ on your tax bill.
High-Value Items We Accept
👗 Designer Dresses
Evening gowns, cocktail dresses. Deduction: $500-$2,500/dress
💍 Fine Jewelry
Statement pieces, luxury watches. Deduction: $1,000-$10,000+
💒 Wedding Dresses
Designer bridal gowns. Deduction: $500-$3,000/dress
👜 Designer Handbags
Chanel, Hermès, LV. Deduction: $500-$5,000+/bag
🕰️ Vintage Fashion
1960s-90s designer. Deduction: $200-$2,000+
👔 Men's Formal
Designer tuxedos, suits. Deduction: $200-$1,500
Estimate Your Tax Savings
Your actual savings depends on your tax bracket:
Example: $3,000 wedding dress + $2,000 designer pieces = $5,000 deduction. In 24% bracket = $1,200 tax savings.
December Donation Timeline
NOW - Dec 15: Ideal
We schedule pickup, complete appraisal, and get you documentation before deadline.
Dec 16-25: Getting Busy
Still time, but scheduling fills up. We prioritize early requests.
Dec 26-31: Last Minute
Expect delays. Consider shipping directly to us.
IRS Documentation Requirements
Under $250
Receipt from nonprofit (we provide) + bank record.
$250-$500
Written acknowledgment stating value. We handle automatically.
$500-$5,000
Form 8283 with your tax return. We provide fair market value.
Over $5,000
Qualified appraisal required. We provide professional appraisals.
Common Questions
When exactly must donation be completed?
By midnight Dec 31. "Completed" = we have physical possession. Ship early!
What if I don't have original receipts?
Not required. We appraise based on comparable sales.
Can I claim what I originally paid?
No. IRS requires fair market value—typically 30-50% of original price.
What if I miss December 31?
You can still donate—it counts toward 2026 taxes instead.