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INCREDIBLE $5000 TAX BREAKS WHEN DONATING A CAR TO A CHARITY

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DID YOU KNOW THAT IF YOU DONATE A VEHICLE TO CHARITY YOU CAN HAVE A HEFTY TAX
BREAK?

Well that not completely true, the amount you are eligible to get depends on the
car value and how much the charity gets from the sale of the vehicle.

A vehicle donation can bring you between $500 and up to $5000 in tax credit,
whether your car donation goes to Goodwill car donation, Salvation Army car
donation, Purple Heart car donation or Make a Wish car donation the amount on
your tax donation will still be the same.

Get a huge tax break when you donate your junk vehicle to a charity, you can get
up to $5000 tax break

People always expect to get the maximum of $5000 when they donate a car for tax
deductions, before committing to car donation tax deduction you need to know
what your car is worth.
When a car donation foundation gets a vehicle, they could try to sell it in an
auction, or sometimes get the vehicle repaired so that they can make some extra
money selling it.
Once the vehicle sells, you can get a notification of how much money they junk
car brought to them. Whatever the amount they got for the car or truck you can
claim a tax deduction up to $5000. 

At an auto auction the charity could get as little as $50 for the vehicle, but
if you know the worth of your donation, you can claim the minimum $500 instead
of the sales price of $50 the charity just got.

Most charities accept cars, trucks, boats, motorcycles and even vehicles that
don’t run or can’t be repaired, they usually sell them to scrap yards that
dismantle them or shred them for their metals. 

There are many local community centers that will trick people to think they are
charitable or nonprofit organization, but they are all in for a profit,
sometimes not even doing the process required by law to change the title from
you to their corporation, leaving your name on the vehicle title to be you, this
is always a liability to you.

You need to make sure you take your license plates and get a written
acknowledgement that the vehicle has been sold to the charity and you get a bill
of sale of a receipt for your donation.

One of the best places that take car donations near me are:

 * NPR CAR DONATION
 * PURPLE HEART SERVICES FOUNDATION
 * MAKE A WISH FOUNDATION
 * THE SALVATION ARMY
 * GOODWILL
 * CARS FOR KIDS

If none of those exist close to you, then you can donate your car to a junkyard
near you and ask them what are the best car donation charities they support, you
can ask them to give the money from your vehicle donation to the charity you
prefer.



Donating a car to a junkyard sometimes seems a little flaky but as long as you
get a receipt for the donation and they give you a copy of the donation
everything should be just fine; just make sure you donate to a reputable
junkyard or salvage yard.


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SELL YOUR CAR TODAY!

Post Tags: #cars#charitable donation#donate a car#donation#junk car#tax
break#tax deduction#tax donation


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 * SELL YOUR CAR
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