how do you figure how much you get to deduct off your taxes if you donate a car to charity? that is what my dad is thinking about doing, and it sounds like a good idea. that way we wont get ripped off by a dealership and we dont have to worry about giving some other poor fellow this headache we call a car.
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donating cars to charity
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Yeah we donated a car to the Red Cross and you bluebook it and thats how much of a deduction you get. Not sure about all the nitty gritty details since my parents did it all, I just remember having to bluebook our car for them so if you need to know more let me know and I can call the parents and let ya know anything else.
Alex1996 Camaro RS A4<br />Flowmaster 80 Series Muffler with 2.5\" catback and cutout, SLP CAI, BMR STB
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The law changes this tax year-2005- to actual resale value as opposed to bluebook value. Example- your rusty 86 Regal BBs at 3500, the charity you donate it to scraps it for 600, you get a 600 write off, only if you itemize. The charities are now supposed to let the authorities know what they got for donated vehicles.99 Dodge Quadcab<br />Traded: 2001 Camaro(will be missed)<p>Be wary of anything that can bleed for 5 days and live....
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