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What else can I help you with?
Where can I find more information on car donation programs?
You can find more information on car donation programs donateacar.com.
Do you still get a charitable deduction for junk car donation?
You can still get a tax deduction for the donation of your old car. You will receive a deduction that equals the actual fair market value of the vehicle, and you cannot automatically receive the maximum allowance.
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.
How do I sign up for car donation tax deduction?
You don't need to sign up, you just as the company you donate to for a donation receipt at the time of donation.
I'd like to make a donation of my car to get a tax deduction, if they make a lot of money selling it do I get a bigger deduction?
No, your deduction is completely exclusive from the sale price
If I made a car donation can I qualify for a tax deduction?
No this year they are giving no tax breaks for that.
Is there really such a thing as a car donation tax deduction?
If you donate your car to a charity you are eligible to receive a ta credit.
Which form needs to be filled out in order to claim a car donation tax deduction?
The form that needs to be filled out in order to claim a car donation tax deduction is called a 1098-c form. You may also utilize kars4kids dot org - they do it for you.
Do you receive a tax deduction if you participate in a car donation program?
Yes, one does receive a tax deduction is one participates in a car donation program. However the amount of money deducted from their bill will vary on the type, make, and year of the vehicle being donated.
Is there a tax on my car donation?
There is a tax DEDUCTION for car donations. The IRS allows you to claim a tax deduction of the value of your vehicle up to $500
How can you find out what your deduction will be if you donate your car to charity?
It used to be a lot simpler to calculate your car donation tax deduction. In 2005 the IRS changed the rules and the tax laws are now a little bit more complex. Gone are the loopholes which enable you to always deduct the fair market value of your car. Most often you will only be able to deduct the gross proceeds from the charities sale of the car. The IRS has a guide online and cardonation-taxdeduction.com has an online questionnaire that can tell you what your deduction will be.
How much can you get for donating your car?
You get a tax deduction of the true market value. You can use Kelly's Blue Book to find the value. If you deduct $5,000 or more you need to have an appraiser verify it. Go to this website for complete details. http://www.givecars.com/car-donation-tax-deductions.html
