Originally Posted by
azbird
Hi, my wife just donated 10,000 miles to the make a wish foundation through the USAirways dividend mileage page. Considering this is a recognized charitable organization - does anyone know if this type of charitable donation is IRS compliant for deduction? I figured that since US once wanted to charge me 3.5cents per mile to upsell and award that might be a recognized methodology to calculate reasonable assessed value of mileage donation? anyone have info?
If one could claim a deduction (you can't), and 3.5 cpm were considered fair market value (it isn't), then those in a 40% tax bracket, which isn't hard to reach, would net 1.4 cpm donated and many would be dumping lots of miles to charities (which they aren't).