FlyerTalk Forums - View Single Post - Earn up to 600K AA Miles for charitable donation
Old Jan 5, 2018, 9:07 pm
  #8  
act0fgod
 
Join Date: Dec 2015
Posts: 39
Originally Posted by Kagehitokiri
only for those who need deduction of up to ~$30K
You won't get the $30K deduction for your donation. I was going to (not the full 30k) but learned "For charitable deduction purposes, each mile is valued at 3 cents per mile. The receipt of miles may reduce the tax deductibility of your contribution."

So basically if you donate $30K you get the 600k miles. The 600k miles are valued at $18k. You will therefore only be able to deduct $12k.
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