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The tax law regarding car donation is nothing. You do not have to pay any tax fee for donating cars, which applies to everything else you donate. Generally, the government tax's the store like it is a normal commercial retailer, but in some instances, such as Vinnys', no tax is required when purchasing donated items.
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Where can I find information on a tax deductible car donation?
www.donateacar.com and www.irs.gov will both provide information regarding tax deductions for car donations.
How much is car donation tax for a sedan?
Sedan car donation tax is 500 dollars.
Where can I make a tax deductible car donation?
You can make a tax deductible car donation at donateacar.com
What kind of tax credit can I get by utilizing a car donation program?
There is no such thing as a tax credit for a car donation http://www.givecars.com/car-donation-claims.html
Which tax form is required to file when I have a tax deductible car donation?
You will need to complete tax form 1098-c for a car donation tax.
Is there a car donation tax if I donate my car?
There is a car donation tax credit if you donate your old car to an authorized charity. The current deduction value limit is $500.
I would like to make a tax deductible car donation without getting into tax trouble, how can I do this?
You can read about the specifics on irs.gov before making a tax deductible car donation.
Is a car donation eligible for a tax write off?
There are a number of rules and important details, but generally yes, you can get a tax write-off for a car donation if you have a receipt. charitableautoresources.com
What is the tax benefit of a car donation?
Not everyone can get a tax benefit and if you do the amount can vary.
If I made a car donation can I qualify for a tax deduction?
No this year they are giving no tax breaks for that.
Do you receive a tax receipt from Goodwill Car Donation?
Any time you make a donation to a credited organization you can receive a tax credit one the donation is over twenty dollars. You just need to ask for it when making you donation
What can you tell me about this car donation tax?
You get no tax credit for donating a car www.edmunds.com/advice/selling/articles/48930/article.html
