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Cell Phone Donation Information West Memphis AR

There are currently well over 100 million cell phones in the United States. Millions of them are sitting in desks and closets, having been replaced by newer versions. Cell phones contain materials that are very toxic when they degrade, which is leading to an environmental problem. Many people know this, but aren't sure what to do with old cell phones. Well, you can donate a phone.

Liberty Tax Service
(866) 871-1040
429 W Broadway St
West Memphis, AR

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Mo Money Tax Svc
(901) 527-1775
311 Exchange Ave
Memphis, TN

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H&R Block
(901) 544-1908
631 CHELSEA Ave
MEMPHIS, TN

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H&R Block
(901) 274-6640
634 S BELLEVUE blvdSTE 101
MEMPHIS, TN

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J R's Tax Service
(901) 458-4314
3279 Summer Ave
Memphis, TN

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Jackson Hewitt
(870) 739-1001
2 North Flowers Trail
Marion, AR

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VIP Tax Solutions
(901) 620-6577
525 North Main Street Suite3-4
Memphis, TN
 
Mo' Money Taxes
(901) 725-9275
403 N Cleveland St
Memphis, TN

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3T Solutions
(901) 774-6351
902 Polk Ave.
Memphis, TN
 
On The Spot Tax Refund Service
(901) 458-1064
3199 Jackson Ave
Memphis, TN

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Cell Phone Donation Information

Donate Phone

Whether you've picked up something new or just have an old cell phone, do you know you can donate it? Here's a primer on getting a tax deduction when you donate a phone.

There are currently well over 100 million cell phones in the United States. Millions of them are sitting in desks and closets, having been replaced by newer versions. Cell phones contain materials that are very toxic when they degrade, which is leading to an environmental problem. Many people know this, but aren't sure what to do with old cell phones. Well, you can donate a phone.

If you want a tax deduction when you donate a phone, you must donate it to a charitable organization. Legitimate charities are designated as 501(c)(3) organizations with the IRS, and will say as much in their paperwork. Most charities will accept just about anything if it can be converted into cash. You phone counts as such a thing.

When you donate a phone to a qualified charity, you can take a deduction. Generally, the deduction is the amount you paid for the phone reduced by 20 percent for each year of use. This is a general rule of thumb, so check with your tax professional to see if the IRS has issued any new guidelines. As always, make sure you get a receipt for the donation.

Before you charge ahead with your donation, make absolutely sure you've erased your data from the phone. Most manufacturers provide information on how to do this for particular models. Don't worry, it isn't difficult.

When you do...

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