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RV Donation Information North Little Rock 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.

H&R Block
(501) 758-9614
4010 PIKE Ave
NORTH LITTLE ROCK, AR

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A Blythe Mattox Co
(501) 372-0089
915 E 9th St
Little Rock, AR
 
Bell Foster Johnson & Watkins LLP
(501) 663-0990
5420 W Markham St
Little Rock, AR
 
H&R Block
(501) 945-3859
4621 E BROADWAY
NORTH LITTLE ROCK, AR

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Jackson Hewitt
(501) 558-9090
6831 Cantrell Road
Little Rock, AR

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JBL Rapid Tax Refunds
(501) 758-2424
2649 Pike Ave
N Little Rock, AR

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Liberty Tax Service
(866) 871-1040
9112 N Rodney Parham Rd
Little Rock, AR

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H&R Block
(501) 663-0071
600 S UNIVERSITY AVE
LITTLE ROCK, AR

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Arkansas Accounting Co
(501) 374-0247
1922 W 3rd St
Little Rock, AR
 
Jackson Hewitt
(501) 834-3636
8611 Hwy 107
Sherwood, AR

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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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