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deducting aircraft expenses

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supsup

waiting
Joined
Jun 22, 2002
Posts
162
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
 
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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