| For many people, the car donation tax deduction can | | | | comes in the form of paying less taxes at the end of |
| be a great way to make some money off of an old | | | | the year when you file your tax returns and write a |
| car that you can't afford to repair or that you can't | | | | check to the government. |
| seem to sell. The way this works is that you donate | | | | After receiving your donation, the charity will sell the |
| the car to a charity or non profit organization in your | | | | car for the greatest possible price in order to pay for |
| town. In return for your donation, you will receive a | | | | their operations. In many cases, these non profit |
| receipt for the value of your donated car. | | | | organizations will accept cars that are not running and |
| When you file your taxes the next April, you can claim | | | | may even come pick it up. While they do making |
| this donation, and it typically works to reduce your | | | | getting the car donation tax deduction quite easy, don't |
| taxable income. This is not the same thing as cash in | | | | forget that you will probably make more money by |
| your pocket right way, but it's certainly better than | | | | selling the car yourself if possible. Donating the car |
| paying someone to get rid of your car. Don't forget | | | | should be a last resort if you are truly interested in |
| that you won't see any money right away: it only | | | | getting as much value out of the car as possible. |