| How to Donate Your Car to Charity and Get Tax Deduction |
| By: John Lee |
Donating your used car to charity is a win-win situation; the charity gets your gift and you get tax deduction. Below are some simple steps to make a car donation.
1. Understand the rules. A good place to read the government rule on car donation is IRS Publication 4303, A Donor's Guide to Car Donations (available on the IRS's website at www.irs.gov). This guide outlines some important rules regarding car donation. For example, one important rule states that car donation must be made to qualified organizations in order to be tax deductible.
2. Determine the value of your used car. Although the blue book might help you determine the value of your car, you should read IRS Publication 561, Determining the Value of Donated Property (available on the IRS's website), to see what your car really worth.
3. Find a charity to donate your vehicle. If you are associated with any charity or non-profit organizations, that organization might be your choice for donating your car. Otherwise, check the Yellow Book or search on the Internet to find an organization to which you feel like donating your car. After you have identified a candidate, you should review IRS Publication 78, which is a list of organizations eligible to receive tax-deductible charitable contributions. This document is also available on the IRS's website and it's searchable. Make sure the candidate charity is eligible. Otherwise, you might not get your tax deduction!
4. Make your donation. After you have made the donation, make sure to ask for a written acknowledgement from the charity. You will need to attach this acknowledgement to your tax return in order to get your tax deduction.
About the Author
John Lee is a freelance Internet writer. He has written articles for websites such as Car Donation Helper, (http://www.car4donation.com) |
|
| Keywords: tax deduction, donation, charity, car donation, donating your car, car, get your tax, 'car donation', irs publication, determine the value |
|
Atlanta Car Donation
Atlanta Car Donation, Donations are important and by helping other could you also get a tax deduction. ... Atlanta Car Donation. Atlanta Car Donation, Purple Heart Car Donation, Cancer Car Donation ...
Car Insurance | Information, resources and Car Insurance reference guide
Accessories for your car, Car Insurance and much more.. ... Car Insurance. Related Directories: Car Insurance. Auto Cheap Insurance ... car dealer. car donation. car insurance. car lease ...
Car Donation Atlanta | Car Donation
car donation atlanta | car donation
atlanta car donation
... atlanta car donation Authority! Articles -> atlanta car donation -> atlanta car donation -> atlanta car donation: Sponsors: Enjoy your FREE atlanta ... Car Donation Arizona Car Donation ...
Car Donation - Car Donation Atlanta
Car Donation Atlanta. Car Donation Atlanta. Sign up for Car Donation newsletter here! Enter Email Address Here: America's Car Donation Charities Center ... Car Donation Atlanta. Car Donation Home Car Donation Article Car Donation List Advertise Here Add Your URL. Donation ... a car san francisco. Car donation ct. Car ...
car donation atlanta
... car donation atlanta - Adsense High Paying Keywords. More related Info. Car Donation Atlanta Georgia donate car Atlanta donation. Car Donation Atlanta GA is sometimes SAME DAY ...
Car Donation Atlanta
car donation atlanta, All you need to know about car donation! Find out here: car donation atlanta .... Car Donation Atlanta. Recommended Car Donation Atlanta Sites: Car Donation Atlanta. Click & Learn more about Car Donation Atlanta ...
atlanta car donation @ JD Car Donation Resources!
... atlanta car donation. Atlanta Car Donation. Nobody has atlanta car donation info like we do. If atlanta car donation info is what you're after, atlanta car donation ...
|
|
|