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RV Donation Information Canby OR

Every year, millions of Americans get a tax deduction by donating to charities. Here's a primer for those who want to donate an RV.

Harold D. West (RFC®), CLU
(503) 597-2700
5285 Meadows Rd Ste 148
Lake Oswego, OR
Company
Sumner Financial Group Ltd
Qualifications
Education: MA
Years of Experience: 48
Membership
IARFC
Services
Invoice, Estate Planning, Pension Planning, Retirement Planning, Tax Planning, Annuities, Life Insurance, Charitable Planning, Asset Protection

Data Provided by:
Liberty Tax Service
(866) 871-1040
923 SW 4th Ave
Canby, OR

Data Provided by:
H&R Block
(503) 656-5552
814 7th St
Oregon City, OR

Data Provided by:
Jackson Hewitt
(503) 655-4487
1630 S. Beavercreek Rd. Ste B
Oregon City, OR

Data Provided by:
William Chambers Tax Conslnt
(503) 632-6108
22044 S Beavercreek Rd
Beavercreek, OR

Data Provided by:
Fred King, CFP
The H Group, Inc.
Portland, OR
Company
Company: Fee-Only Financial Planner ("No Commissions")
Type
Registered Investor: Yes
Education
Oregon State University
B.S., Business
Years Experience
Years Experience: 6
Service
Wealth Engineering,Income for Life/ Preserve Principal,Medicare Planning,Investment & Portfolio Management,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Fee-Only Comprehensive Financial Planning,Portfolio Engineering,IRA, 401k, Roth IRA, QDRO Rollovers,Alternative Investments,Retirement Planning,Long-Term Health Care Planning,Business Succession & Liquidation Planning,Estate Tax Pl

Data Provided by:
J&M Accounting Service
(503) 263-4705
218 SW 2nd Ave
Canby, OR
 
Beaver Creek Tax Svc
(503) 557-0130
402 S Beavercreek Rd # 100
Oregon City, OR

Data Provided by:
Tax Force
(503) 657-3196
191 Warner Parrott Rd
Oregon City, OR

Data Provided by:
Molalla Tax Svc
(503) 829-5576
219 E Main St
Molalla, OR

Data Provided by:
Data Provided by:

RV Donation Information

Donate RV

Every year, millions of Americans get a tax deduction by donating to charities. Here's a primer for those who want to donate an RV.

The first question many people have is whether they can donate an RV and get a deduction. The tax code notes that "vehicles" can be donated, not just cars. This means an RV, motor home, camper and so on can be donated in exchange for a tax deduction.

When donating your RV, there are a couple of things to keep in mind. First, the donation is only tax deductible if the charity is a 501c3 entity. This number designation refers to the section of the tax code controlling non-profit charities. If the party you are donating to does not have such a classification, you will not be able to claim a deduction. Many taxpayers made this mistake when donating to the Tsunami relief effort. Ask the charity to show you the designation or look for it on the paperwork. Most charities will make their certification very prominent.

Once you donate the RV to charity, what can you deduct? Under new tax regulations, you can no longer deduct the fair market value. Instead, you must deduct the actual sales price the charity is able to obtain when it sells your former RV to a third party. The charity will have a procedure in place for sending you a written receipt of the actual sales price. If they do not, donate the RV to another charity that does.

There are a couple of exceptions to the actual sales price tax deduction rules. The IRS will allow yo...

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