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RV Donation Information Gardnerville NV

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.

H&R Block
(775) 588-4825
212 ELKS POINT RD
ZEPHYR COVE, NV

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Corey Zimet
10620 So. Highlands Pkwy
LAs Vegas, NV
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Company: CBZ Retirement Solutions,LLC
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Asset Protection Strategies & Planning,Individual Income Tax Planning,High Yield Bank Accounts,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Health Care Insurance,Retirement Planning,Insurance & Risk Management Planning,Retirement Income Accumulation Planning,Business Income Tax Planning,401k Rollover From Employer,Income for Life/ Preserve Principal,Disability Insurance,Annuities,Annuity Ideas & Strategy Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Pla

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Jeffrey Goldman
450 Hillside Drive #A107
Mesquite , NV
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Title: Financial Consultant
Company: Jeff Goldman
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Investment Advisor Rep: Yes
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Years Experience: 6
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Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Hourly Financial Planning Engagements,Life Settlements,IRA, 401k, Roth IRA, QDRO Rollovers,Alternative Investments,Disability Insurance,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Business Succession & Liquidation Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,Fee Only Portfolio Managem

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Lynda J. Jensen, C.P.A.
(925) 867-0757
7810 Dana Point Ct
Las Vegas, NV
 
McNair & Associates, Chtd.
(702) 646-0888
333 N Rancho Dr Ste 888
Las Vegas, NV
 
King's Accounting
(530) 577-8293
3170 Hwy 50, Suite #6
South Lake Tahoe, CA
 
Timothy Bock
1635 Villiage Center Circle 140
Las Vegas, NV
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Title: President
Company: Summit Portfolio Management
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Investment Advisor Rep: Yes
Registered Investor: Yes
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Arizona State University Five
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Years Experience: 27
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Education Funding & Financial Aid Planning,Hourly Financial Planning Engagements,Captive Insurance,401k Rollover From Employer,CD Alternative,Disability Insurance,Retirement Planning,Real Estate Investment Planning,Business Succession & Liquidation Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,Pension for Highly Compensated Owners,Income for Life/ Preserve Principal,Alternative Investments,Life Insurance,Alternative Asset Class Planning,Invest

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Nevada Resource Center
(702) 307-1611
1817 S Eastern Ave
Las Vegas, NV
 
Liberty Tax Service
(866) 871-1040
840 S Rancho Dr # 12
Las Vegas, NV

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Liberty Tax Service
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4211 W Sahara Ave # G
Las Vegas, NV

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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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