The Fact About charity car donation That No One Is Suggesting
Donate a car and when it sells for under $500 you may take a tax deduction equal to the 'fair industry benefit' within your donation approximately $500. Truthful Current market Benefit is defined since the "Blue Reserve" or "Guidebook Ebook" price of your car or truck.In 2005, the IRS altered the rules related to tax deductibility of auto donations