THE 2-MINUTE RULE FOR HOW TO DONATE CAR TO CHARITY

The 2-Minute Rule for how to donate car to charity

If the vehicle is value $500 or even more and the charity intends to make use of the automobile in its functions, it is possible to deduct the FMV. On the other hand, if the charity sells the vehicle, your tax deduction is usually limited to the Firm’s gross proceeds in the sale.It truly is an honor to donate my vehicle to St Jude, Specifically d

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