So you're thinking about donating your car? You’ve come to the right place. Helping a charity grow and support their cause is a noble and easy thing to do. The convenience of donating your car is also a hassle free fast and easy way to do this. All you have to do is call the charity’s car donation program and let them know that you would like to donate your car. After providing them with some simple straightforward information such as your name and location of car, they can already schedule a pick up. You may also need to provide the VIN number of the car and in most cases but not all, depending on the year of the car and the State you are in, the title number. When you call the car donation program they can let you know to be sure. But thats basically it. After you do this, you are basically done. All you have to do is wait a few weeks for your tax receipt in the mail which you can use for your tax deductions. Car Donation NYC
The tax deduction is based off the amount the car sells for. If the car sells for $1500 the that is the amount of your tax deduction. If the car is not running or is very old and you think it will sell for less than $500 then you can deduct $500 from your taxes. So, to clarify, if you donate a car that gets picked up and the charity sells it for $250 you can deduct up to $500 on your tax return. Thats one of the perks of car donation. The other amazing perk is that you don’t have to deal with anything. You make one call and they send a tow truck to pick it up. You're basically all done at this point.
Remember, cars can be picked up in any state. You can donate to a charity that helps kids nationally but is based outside your State or city. This is because the charity generally has a large network of tow trucks that can pick up anywhere. Car donation has become very helpful for charities so they have put in place ways to pick up cars virtually anywhere. Car Donation Chicago
Another thing to remember is that most car donation programs can accept boats, RV’s, motorcycles, scooters, even golf carts. So reach out and make the call and feel good about it because giving is the key to making the world a better place!