Car Donation Tax Deductions 2012/2013
Official IRS Tax Rules For Donors
So you’ve decided to finally give that old junker of yours away to a charity. Good for you!
But before you go counting on cutting out a big chunk of your income tax, you need to make sure that you’ve crossed all your T’s and dotted all your I’s.
After all, every tax deduction has rules and paperwork, and donating a car to charity is no exception to this rule.
In order to claim your IRS tax credit, you must understand and follow the specific tax rules otherwise your deduction will be rejected.
1. How To Pick The Right Charity
2. Qualifying For a Car Donation Tax Deduction
3. How Much Tax Can You Deduct?
3.1. Claiming Tax Deductions Over $500
3.1.1. Can You Deduct More Than The Sale Price?
3.1.2. Get a Receipt For Donations Over $500
3.2. Claiming Tax Deductions Under $500
3.2.1. Get a Receipt For Donations Under $500
3.3. Figuring Out What Your Donation is Worth
4. Keeping Records and What To File
4.1. How To Complete IRS Form 8283
4.2. Appraisals For Vehicles Over $5,000
5. Some Important IRS Definitions
6. Avoiding Liability After Donating Your Car
7. Getting Assistance In Donating Your Car
7.1. Getting Help From Your Charity
7.1.2. Getting Help From Your State Government
7.1.3. Getting Help From The IRS
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