answersLogoWhite

0


Best Answer

You get a tax deduction of the true market value. You can use Kelly's Blue Book to find the value. If you deduct $5,000 or more you need to have an appraiser verify it. Go to this website for complete details. http://www.givecars.com/car-donation-tax-deductions.html

User Avatar

Wiki User

16y ago

Still curious? Ask our experts.

Chat with our AI personalities

EzraEzra
Faith is not about having all the answers, but learning to ask the right questions.
Chat with Ezra
MaxineMaxine
I respect you enough to keep it real.
Chat with Maxine
FranFran
I've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.
Chat with Fran

Add your answer:

Earn +20 pts
Q: How much can you get for donating your car?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the ecological benefits of donating your car?

The ecological benefit of donating your car is that your car will still be in use by someone and not rotting away in a junkyard.


How can I donate car to veterans in boston?

You can visit PurpleHeartCars.Org for details on donating a car to veterans in Boston Youcan visit www.CarsForVeterans.org for information on donating your car.


Where can one find tips for donating a car in a car charity?

One can find tips for donating a car in a car charity online from sites such as Charity Navigator. Some public radios also provide tips on donating cars for charity and their causes.


How much of a tax write off can I expect for donating a junk car?

By law, your deduction is limited to the amount the charity sells the car for, so for a junk car, you're not going to get much of a deduction.


What are some tips for donating a vehicle to charity?

Tips for donating a car to charity include making sure the charity is legit, know how much money will actually go to the charity and keep all receipts and correspondence.


What are the steps when donating your car to charity?

When donating you car to charity you need to make sure that the charity is reputable, that they accept this kind of donation and that you can get a donation receipt for tax purposes.


How much does it cost to tow a car to a junkyard?

== == Unless you're selling your car for big bucks to the junkyard, you might consider donating the car to charity through a service like http://www.donateacar.com. They will tow the car for free and you should be able to get a tax write-off. Tips on Donating Cars to Charity: http://www.charitywatch.org/articles/car.html If it is not worth donating you can look in your local paper or on-line bulliten boards for people that may pay you for your junk car or at least tow it for free.


If someone was to donate a car to charity what sort of tax deduction could be made?

When donating a car to charity, a tax deduction is granted to you based off the market value of the car. What the car would have sold for is irrelevant when donating it to charity.


What should I do with the license plates when donating a car?

When donating a car, you should remove the license plates and return them to the Department of Motor Vehicles (DMV) or transfer them to another vehicle you own.


When donating plasma how much do they take?

On average about a half to three quarters of a liter of plasma is needed when donating. After donating you are compensated for your donation.


Where can a person find out about donating a car to charity in Toronto?

A person can find out information about donating a car to charity in Toronto from Charity Car, or Make a Wish Foundation. Both of these organizations accept used cars as donations.


where can i get more information on donating your car?

You can check with your local charities to find out how you can go about donating your vehicle to one of them and if they offer a tax receipt.