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RV Donation Information Hattiesburg MS

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.

Angie Newton Tax Service
(601) 336-6210
2242 Oak Grove Road
Hattiesburg, MS
 
Jackson Hewitt
(601) 268-3811
6111 US Hwy 98
Hattiesburg, MS

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Jackson Hewitt
(601) 268-3004
3801 W 4th Street
Hattiesburg, MS

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Jackson Hewitt
(228) 396-1122
10541 Diberville Blvd. Ste E
Biloxi, MS

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Jackson Hewitt
(662) 245-1113
233 Alabama Street
Columbus, MS

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Burke, Jack F Jr CPA
(601) 264-1988
2010 Oak Grove Rd Bldg 3
Hattiesburg, MS

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Liberty Tax Service
(866) 871-1040
1000 Broadway Dr
Hattiesburg, MS

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Holland's Tax Service
(601) 582-4349
424 Highway 42
Petal, MS

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Jackson Hewitt
(662) 289-8819
225 Highway 12 W
Kosciusko, MS

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A And D Tax Service
(601) 362-0881
3234 Medgar Evers Blvd
Jackson, MS
 
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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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