Remodeling my kitchen. Can I donate my old appliances for a tax break?

[cjchaps]

We are remodeling our kitchen, and getting rid of all of our 20 year old appliances. This include the following:
Refridgerator
Gas stove/oven combo
Hood/microwave
Dishwasher

These all work fine, but they are old and ugly. Anyone know if I donate them, will someone pick them up? ALso, can we take a tax deduction on them?

 

[Crazymofo]

Find an aluminum recycler instead you can get decent money for old appliances from what I've heard...

 

[cjchaps]

What would you consider decent money?

Originally posted by: Crazymofo
Find an aluminum recycler instead you can get decent money for old appliances from what I've heard...

 

[CPA]

Yes, but make sure you take photos and get a donation receipt from the charitable organization. It is up to you to determine the value.

 

[T2T III]

The prices that you could use for writing off the appliances would be minimal. If you are going to donate them, do it for the sake of benefiting someone.

😉

 

[richardycc]

I did that, I had a hard time finding a charitable organization to take them thou, some wanted me to deliever them to them! I finally found a lady from the martin luther king jr center willing to come pick the stuff up. She said it was for a needy family, but I think she kept the stuff for herself. She was supposed to send me a letter for it, so I can legally claim the tax deduction, but she never did, I tried to call her a few times, but she never return any of my calls after she got the stuff! oh well, I did claim the deduction thou.

 

[drnickriviera]

richard is right. Salvation army and the rest are getting really picky about what they take. I guess years of people dumping their junk on them made them change. I seriously doubt there is much aluminum in any of those. You'll also have a hard time throwing the fridge away since it has freon in it.

 

[brtspears2]

Originally posted by: Crazymofo
Find an aluminum recycler instead you can get decent money for old appliances from what I've heard...

It's not much money. I found a dryer in my garage when I moved in and took it in for recycling.

Total: $20. Time : 40 minutes.

 

[kevman]

sometimes local mom and pop type stores may take in your old stuff towards credit of new appliacne purchases through them, I would investigate that route.

 

[AgaBoogaBoo]

Maybe some college kids will buy it for cheap?

 

[bootymac]

We had a similar situation, but we gave ours to BC Hydro. They give you 30 bucks if you give them your old fridge. They also come and pick it up 🙂

 

[Squisher]

Originally posted by: CPA
Yes, but make sure you take photos and get a donation receipt from the charitable organization. It is up to you to determine the value.

This man knows his stuff

I'm taking $2000+ deductions for stuff left over from garage sale.

Took two days to take pics.

😱Of course original cost of all the stuff was probably over $30K😱

 

[pulse8]

Originally posted by: Squisher

Originally posted by: CPA
Yes, but make sure you take photos and get a donation receipt from the charitable organization. It is up to you to determine the value.

This man knows his stuff

I'm taking $2000+ deductions for stuff left over from garage sale.

Took two days to take pics.

😱Of course original cost of all the stuff was probably over $30K😱

WTF?

Were you actually selling a garage?? :Q

 

[SuperTool]

So why don't you claim a higher deduction if the original cost was over $30K. Who is to say it's only worth 2K now?
Can someone explain to me how it's valued? Let's say I donate a computer that's been sitting in my garage for ages. How much is it worth?

 

[Mo0o]

Originally posted by: SuperTool
So why don't you claim a higher deduction if the original cost was over $30K. Who is to say it's only worth 2K now?
Can someone explain to me how it's valued? Let's say I donate a computer that's been sitting in my garage for ages. How much is it worth?

Well if you claim too high and you get audited i think you get in some not so good things

 

[SuperTool]

Originally posted by: Mo0o

Originally posted by: SuperTool
So why don't you claim a higher deduction if the original cost was over $30K. Who is to say it's only worth 2K now?
Can someone explain to me how it's valued? Let's say I donate a computer that's been sitting in my garage for ages. How much is it worth?

Well if you claim too high and you get audited i think you get in some not so good things

I thought up to 5K you don't have to have it appraised.