MilesBuzz! - Miles or tickets for Charity

Does anyone have any experience with the tax deduction for donated miles to a charity? Can you deduct say .01 per mile donated as a charity deduction? Do you have the charity provide a receipt with a value?

Thanks

Does anyone have any experience with the tax deduction for donated miles to a charity? Can you deduct say .01 per mile donated as a charity deduction? Do you have the charity provide a receipt with a value?
Thanks
In order to deduct a miles contributon, you would first have to be taxed on the miles you earn. I doubt you want to go there.

I am not at all sure that you would have to be taxed before you could get a deduction, after all, donations of goods like used clothing which you may not have been taxed on can be tax deductable.

Is it possible to donate miles to a charity of your choice? How would a charity be able to take a donation of miles?

This is the small print included on American Airlines' charity page:

"Donated miles are not tax deductible. For every three miles donated to the Make-A-Wish Foundation, American Airlines will donate one mile to American's Miles For Kids In Need® program. Miles For Kids In Need provides transportation for seriously ill youngsters from needy families seeking medical treatment that's not available where they live. Miles For Kids In Need is a mark of American Airlines, Inc."

If you are looking for a place where your miles can do a lot of good, rather than just providing yourself with a tax deduction, you might want to check out AA's page. I don't know, but I suspect other airlines probably have similar charity partners.


http://www.aa.com/apps/AAdvantage/ViewMileageProgramsPartnerDetail.jhtml;jsessionid= EPQN3BQYJDHN1EAJJMZU1DUQBFFTOVMD?fileName=milesToK ids.xml&repositoryName=AAdvantagePartnersContentRepository&repositoryId=100006&itemDescriptor=AAdvantagePartnersContent

http://www.aa.com/apps/AAdvantage/ViewMileageProgramsPartnerDetail.jhtml?fileName=ma keAWish.xml&repositoryName=AAdvantagePartnersContentRepository&repositoryId=8500056&itemDescriptor=AAdvantagePartnersContent

Does anyone have any experience with the tax deduction for donated miles to a charity? Can you deduct say .01 per mile donated as a charity deduction? Do you have the charity provide a receipt with a value?

Thanks

Mileage donations are NOT tax deductible. But as you received a ton of them through your mortgage scheme, go ahead and donate some. Greed is not good. :)