LITTLE KNOWN FACTS ABOUT DONATE A CAR.

Thankfully, because of The brand new tax law that went into result in January 2005, the IRS has taken the guesswork outside of deciding the worth of the donated motor vehicle, truck, RV, boat or other car.Before January 2005, the IRS was enabling people that donated to a professional vehicle donation program to have a tax deduction centered on thei

Be sure to seek advice from a tax Specialist for legal or tax suggestions concerning automobile donations. Under is a list of IRS vehicle donation resources that offer even further information and facts regarding the tax Gains and liabilities of donating a vehicle.Join a staff committed to uplifting the lives of at-threat youth—your journey of co