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The vague (and yet still completely wrong) "input" quoted below clearly needs substantial correction. Specifically, any tax deduction for the disposition or donation of a timeshare is very specifically limited to the actual fair market value of that particular timeshare, [b]regardless[/b] of the amount previously paid for it. Many timeshares actually have no value at all for their "fair market value" in the open marketplace, so in such instances the allowable "deduction" per IRS rules is exactly that same amount --- [b]ZERO[/b]. [Q=aulia2] I possible. You can deduct the entire amount when you file your income tax. Au li[/Q]