Jul
07
2009
« Get as much information about the car donation as you can before deciding whether to donate, and to which charity – Car Donation TipsStep 2: Determine the value of your car donation – Car Donation Tips
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The charity to which you donate your car cannot be the party to determine the value of your gift, as the IRS considers that a conflict of interest. It is the donor’s responsibility to determine the fair market value of cars donated prior to making the donation. See the section on valuing your car donation for more information on how to determine its value when you have a vehicle to donate.
Step 2: Determine the value of your car donation – Car Donation Tips
Car donations to an eligible organization are tax deductible up to the fair market value of the car at the time of the donation – Car Donation Tips »
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