Donating a car
By justreal
@justreal (2364)
Canada
January 10, 2007 9:51am CST
I was reading this article about Donating a car and it sounds pretty helpul if you want to donate your car for children's charity. It says that before you Donate a car, you have to check with the charity if it's eligible to receive tax deductible contributions. Donating a car to charity does lower your taxes in the end of the year. If the car is worth more than $500.00, the donor must complete the IRS Form.
So have you heard or read about car donation?Have you already donated a car?
1 response
@justreal (2364)
• Canada
10 Jan 07
I guess you're a very caring and generous person. You could always donate money if not a car. Thanks for the response. ++