The car donation tax deduction information that you're looking for. How the IRS views the tax deductible vehicle donation that you make. Donating a car to our Cars For Kids Cancer program is a great way to get a tax deduction for that vehicle. We make it really easy to donate a car and receive a great tax deduction, while helping children and families. It's as easy as giving us a call or by using our online auto donation form.
At the time of pick up, you will receive a donation receipt on the spot. Shortly there after, you will receive an IRS form 8283 and a 1098C (if applicable) in the mail.
Our auto donation program makes it easy to get the maximum possible tax deduction for your automobile donation! If you haven't seen our Guide on Car Donations, check it out.
We take care of everything. We'll tow your car, sell it, and the proceeds from that sale will benefit children with cancer. You'll receive a 100% tax deductible receipt on the spot.
In most cases, people that itemize deductions (like property taxes, gas mileage, etc) on their tax return can utilize the tax deduction from donating a car. Be sure to check with your tax adviser or accountant to see how it will benefit you.
Be sure to look at IRS publication 4303, it details the valuation of donated vehicles.
Don't forget to take a look at IRS publication 526 (page 8) for those vehicles that are used for charitable purposes.
We have been processing car donations for over 12 years. We have the experience and expertise to make the transaction as fast and easy as possible. If you have any questions, please contact us, we're here to help! The car donation tax deduction is really easy.