Resources and information to donate your car to charity.
Thursday, March 5, 2009
Tax Information
As a vehicle donor, you will be eligible for a tax deduction in the amount that your donor charity is able to sell you car for, assuming that is more than $500.
If your charity sells your car for less than $500, you can deduct the fair market value of your old car.
The charity is responsible for providing you with paperwork documenting the sale of your car.
