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RV Donation Information Picayune 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.

Jackson Hewitt
(601) 798-1040
790 Memorial Blvd Ste D
Picayune, MS

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Brandon Tax Service
(601) 825-4411
286 W Government St
Brandon, MS
 
Progressive Tax
(662) 302-5728
110 Yazoo Ave
Clarksdale , MS
 
Liberty Tax Service
(866) 871-1040
1150 E Peace St
Canton, MS

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H&R Block
(601) 727-2113
35 HWY 513
ROSE HILL, MS

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Jackson Hewitt
(662) 843-0323
300 S Davis Avenue, Ste C
Cleveland, MS

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Jackson Hewitt
(601) 892-5697
508 W Marion Avenue, Ste B
Crystal Springs, MS

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Lowery Patrick & Associates
(601) 833-1456
215 S Railroad Ave
Brookhaven, MS

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Jackson Hewitt
(662) 363-3200
859 River Road
Tunica, MS

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A Plus Tax Service
(601) 987-8739
3190 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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