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Generally speaking the tax deduction for a donated vehicle is $500. However, if the vehicle's fair market value is more than $500, then it depends on how the donation is used by the charity. If the vehicle is sold by the charity, the maximum write off is the amount of money the charity received.

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โˆ™ 2010-02-25 20:24:47
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Q: What kind of a tax write off do you get when you donate a car to charity?
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What are some tips about how to donate a car to charity?

The best way to donate your car to a charity is first pick out a charity you want to donate to. Contact the charity by phoning them or looking them up online and ask if they are accepting donations. When inquiring about your car donation be sure that the donation will go directly to the charity you want to donate to.


How can you donate your used car to charity?

You can donate your used car to charity by contacting your local church or by calling the organization who's charity you support. You can also ask people in your community to help you host an auction and donate the money from the car to the charity of your choice.


What are the tax benefits of charitable car donations?

You can write off the full value of the car that you donate to charity. You should receive a sort of tax receipt from the organization you donate to, and this can be sent to the IRS with your taxes as a write-off.


How can I donate my car to charity?

User99: You can donate your car to charity by first finding a charity you like, you can also research your charity of your liking by going to Charity Navigator. Once you find your charity make sure its an IRS-approved 501(c)(3) organization, donate your car and make sure you keep all records for the IRS.


Where can one donate a car for charity?

One can donate a car for charity to almost any charity providing it is new, and they can auction it as a major fundraiser. Used cars can be donated to charity in special schemes such as the Give A Car and One Car Helps programs.


Where can one find cars to charity?

There are multiple ways to donate a car to charity. There are multiple organizations, such as Kars4Kids and Cars4Veterans that offer services for you to donate your car. It all depends on which type of charity you want to donate to. Hope this helps!


Where can one obtain information on how to donate a car to charity?

You can obtain information on how to donate a car to charity online at the eHow website. Once on the website, type "How to donate a car to charity" into the search field at the top of the page and press enter to bring up the information.


Where can cars be donated for charity?

Donating a car for charity sounds like a good idea, but it may not be. Choose a charity to donate to, then check with that charity to see if they will accept a car as a donation. Many will not. Always donate direct to the charity, not through a middleman.


How can someone donate a car to charity?

One can contact Rawhide (920-354-6933) to donate a car to their charity. All donations to this charity are used to help troubled teens and are tax deductible.


How do I price a car donated to charity for tax purposes?

You can price a car donated to charity for tax purposes at donate-car-for-charity.com


Where can one find information about how to donate a car to a charity in NJ?

Someone interested in finding more information about how to donate a car to a charity in New Jersey (NJ) could most likely start by asking their charity of choice how they can donate to their cause. Otherwise, a church or possibly Goodwill center can help those desiring to donate a car.


How can you donate your car to charity?

One can donate one's car to charity by finding a worthy charity, know the status of your recipient and transfer the vehicle with care. One can ask information regarding this subjects at different charities.

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