Donors guiDe to car Donation tax DeDuction page 2 of 2 Step 4 Gather necessary documentation The documentation youll need to claim your deduction is dependent on the amount of the deduction 500 For a deduction of 500 or less the IRS requires the name of the charity a description of the donated vehicle
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Its Easy and Convenient to Donate Your Used Car or Other Vehicles to Fight Cancer Your Car Donation Will Help Save Lives That Might Otherwise Be Lost to the Disease
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For a car donation to be eligible for a tax benefit the vehicle must be donated to a taxexempt nonprofit organization that falls under IRS This is the amount of your vehicle donation tax deduction If your donated vehicle sells for less than 500 you can claim
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