Wednesday, June 26, 2013

Donate Used Kitchen Appliances

Donate your old appliances to your favorite charity.


If you are replacing some of your kitchen appliances and not sure what to do with the old ones, you can donate them to a local charity. As long as you donate your used kitchen appliances to a charity that is listed with the IRS, you will get a tax deduction for the donation. Your deduction is based on the fair market value of the used appliances, which the IRS defines as the price you would get for the item if you sold it in the current market.


Instructions


1. Assess the kitchen appliances that you want to donate to verify that they actually work. Charities typically only accept kitchen appliances that are in good working order.


2. Check on the IRS website to see that the charity where you are donating is listed. If listed, it means that they are eligible for tax deductible donations. You can search by name, city or state. If you do not have any charities picked out, the GE Appliances website has a list of national charities that accept used kitchen appliance donations.


3. Determine the fair market value of used appliances by looking at the Salvation Army Appliances Donation Value Guide online or by checking the sales price of similar items in your local newspaper classified ads.


4. Contact the charity where you want to donate so that you can make sure they accept your item. Some charities may not accept any used kitchen appliances or may only accept some types of used kitchen appliances.


5. Transport your appliances to the donation center or arrange for a pickup. Some charities, such as the Salvation Army, will come and pickup your used appliances that you want to donate. Other charities, such as Goodwill, requires that donations be taken to their donation center.








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