A car, gifted to a nonprofit organization can be used as a tax deduction. A car gifted to an individual cannot be used as a tax deduction.
No, unless you give it to charity get back % of the values.
you say"surprise.....heres a car!!!"
Why would someone give something to someone with getting paid. It sounds like the car was a gift.
Yes
if you give a relative a used car in michigan,is there a gift tax
You can accept the claim and then buy back the car. This way you get money for the claim and you get to keep your car. The price for the car will be way lower at the totaled price than what you will receive in the claim.
Give your car back
A red ute car
if someone died and has a car how can you find out who it is titled to
If you own the car, you can sell it for whatever you want. You can even give the car as a gift to someone.
The key to this is your word "gift" and a gift means you can't take it back. You gave it to them. A court won't find in your favor because it was a gift.
A car.