Car Donation Tax Deduction

Tax planning 993 views 3 replies

I have a car I was looking to sell and thought I might try donating my car in order to receive a tax deduction. Turns out the process is really easy. I found a company online which was really helpful and easy to use. The company's name is mycarhelps and I found out about them at mycarhelps.com. Anyway I hope this is helpful information. You receive a full tax deduction for the value of your car once they sell it for you. I did not cost anything and the picked up the car right away.

Replies (3)

THANKS FOR SHARING..!! :):)

we shall think of when we shall shift to usa/canada, now its out of our reach :)

Vehicle donation is the easy practice of giving away unwanted vehicles to any of a wide array of charitable organizations. Gifting to charitable organizations is most often always a good thing and by donating a car to charity you can receive a sizable income tax deduction as well.


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