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Where can you donate your car?
Asked by unknown
1 Answers
Kars4Kids is a classified 501(c)(3) nonprofit organization. You can check with your tax advisor or accountant to determine the amount of your benefit. The deduction is of value only if the donor itemizes his or her deductions. For a more detailed overview the IRS publishes a Donors Guide to Car Donation.
Can I donate a non running car?
Asked by unknown
1 Answers
You Can Donate Your Car Even if it is Not Running. You can still donate your car to charity & receive a tax deduction.
How much can you claim for a donated car?
Asked by unknown
1 Answers
If the donated vehicle is sold for less than $500, you can claim the fair market value of your vehicle up to $500 or the amount it is sold for if less than fair market value. If the donated vehicle sells for more than $500, you can claim the exact amount for which the vehicle is sold.