Patent ID: 7970658

Claim:
A system comprising: one or more processors; and a memory coupled to the one or more processors and storing program instructions, wherein the program instructions are executable by the one or more processors to: obtain tax information for a user; determine a tax bracket for the user based on the tax information; obtain a plurality of item information for an item; determine a market value for the item based on the plurality of item information; calculate a potential tax deduction value associated with claiming the item as a charitable donation on a tax return for the user, wherein the potential tax deduction value is a tax savings available to the user upon the user claiming a charitable donation of the item on a tax return for the user, and wherein the potential tax deduction value is based on the tax bracket and the market value; determine, using a price determination application, a suggested sale price for selling the items based on the potential tax deduction value, wherein the suggested sale price is greater than the potential tax deduction value; and post a listing for selling the item using an electronic marketplace, wherein the listing comprises the plurality of item information and the suggested sale price.