Business Tax Recovery Logo

RV Donation Information Troutdale OR

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.

Stephen Kirkendall
12014 Southeast Mill Plain
Vancouver, WA
Company: Kirkendall Financial Services
Income for Life/ Preserve Principal,Alternative Investments,Investment & Portfolio Management,Retirement Planning,Annuity Ideas & Strategy Planning,Retirement Income Distribution Planning,Individual Income Tax Planning,Pension for Highly Compensated Owners,Stock Market Alternative,Wealth Management,Annuities,Investment Consulting & Allocation Design,Estate Tax Planning,Asset Protection Strategies & Planning,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Life Insurance,Alternative Asset Class

Data Provided by:
Fred King, CFP
The H Group, Inc.
Portland, OR
Company: Fee-Only Financial Planner ("No Commissions")
Registered Investor: Yes
Oregon State University
B.S., Business
Years Experience
Years Experience: 6
Wealth Engineering,Income for Life/ Preserve Principal,Medicare Planning,Investment & Portfolio Management,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Fee-Only Comprehensive Financial Planning,Portfolio Engineering,IRA, 401k, Roth IRA, QDRO Rollovers,Alternative Investments,Retirement Planning,Long-Term Health Care Planning,Business Succession & Liquidation Planning,Estate Tax Pl

Data Provided by:
Business Services Northwest
(503) 666-6223
999 NW Frontage Rd Ste 160
Troutdale, OR

Data Provided by:
Jackson Hewitt
(503) 667-6700
790 E. Powell Blvd
Gresham, OR

Data Provided by:
Liberty Tax Service
(866) 871-1040
1865 Ne Division St
Gresham, OR

Data Provided by:
Harold D. West (RFC®), CLU
(503) 597-2700
5285 Meadows Rd Ste 148
Lake Oswego, OR
Sumner Financial Group Ltd
Education: MA
Years of Experience: 48
Invoice, Estate Planning, Pension Planning, Retirement Planning, Tax Planning, Annuities, Life Insurance, Charitable Planning, Asset Protection

Data Provided by:
Corry's Tax Svc Ltc
(503) 666-3224
745 NE 239th Pl
Wood Village, OR

Data Provided by:
David's Star Tax & Facts Inc
(503) 491-9702
500 NW 20th St
Gresham, OR

Data Provided by:
Landmark Tax & Investment Services Inc.
(503) 491-1000
415 NE 4th St.
Gresham, OR
Gresham Income Tax Svc
(503) 255-0565
1510 NE 172nd Ave
Portland, OR

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