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deducting aircraft expenses

supsup

waiting
Joined
Jun 22, 2002
Posts
162
Total Time
5200
The company I work for is looking into donating our aircraft for charity work. I've been looking at the irs webpage for a guide on what can be deducted. Does anyone have any experience with this. Any advice would be greatly appreciated.

supsup
 

Dr Pokenhiemer

Well-known member
Joined
Oct 19, 2004
Posts
301
Total Time
9000+
Get in touch with Angel Flight. You tell them what your operating expenses are, and at the end of the year they give you a non-cash contribution letter to turn in with your taxes based on the number of hours flown.
 
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