Donating A Used Vehicle To A Charity

| Total Words: 466

If you are interested in making charitable donations and claiming then on your tax return then you should consider donating a used vehicle to a charity. This will allow you to claim a deduction on your tax returns. However, there are some rules you will need to follow and some safeguards you should keep in mind.

The first thing you should do is check to see if the organization you plan on donating the vehicle to is qualified. This is actually very easy to do and all you need is an Internet connection. Go to the IRS web site and search charitable organizations and see if the one you plan on donating to is listed. If the organization is not listed then you will not be able to claim the donation on your tax returns, so this is an important step to take.

Another important question you need to ask the charity is what are their plans for the vehicle? You have every right to ask this question and receive a reasonable response. Some charities might accept vehicle donations and then sell them in order to raise money while other charities might use the car for poor people without transportation. Regardless, find out what the vehicle will be used for before you donate it. If...

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