Business Tax Recovery Logo


RV Donation Information Conway AR

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.

Jackson Hewitt
(501) 336-8686
625 Salem Road
Conway, AR

Data Provided by:
Liberty Tax Service
(866) 871-1040
1780 Old Morrilton Hwy
Conway, AR

Data Provided by:
H&R Block
(501) 679-7080
57 S BROADVIEW STE 102
GREENBRIER, AR

Data Provided by:
H&R Block
(501) 835-4247
4101 E KIEHL AVE
SHERWOOD, AR

Data Provided by:
Jackson Hewitt
(501) 834-3636
8611 Hwy 107
Sherwood, AR

Data Provided by:
H&R Block Inside Oak Street Shoppes
(501) 327-0565
855 E OAK ST STE B
CONWAY, AR

Data Provided by:
Jackson Hewitt
(501) 764-0101
1008 East Oak Street
Conway, AR

Data Provided by:
Jackson Hewitt
(501) 796-3940
1122 Main Street Ste 11
Vilonia, AR

Data Provided by:
Tax Ladies
(501) 834-6280
3415 E Kiehl Ave Ste 3
Sherwood, AR

Data Provided by:
Liberty Tax Service
(866) 871-1040
3901 E Kiehl Ave # H
Sherwood, AR

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...

Click here to read the rest of this article from BusinessTaxRecovery.com