Donate A Vehicle To Get A Tax Deduction – Which Vehicle Donation Organizations Are Reliable?

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Donate A Vehicle To Get A Tax Deduction – Which Vehicle Donation Organizations Are Reliable?

Article by Sue

If you’re thinking regarding donating a car to a charity or non-profit organization so you can get a tax break a few questions will come in your thoughts. To begin with you may be wondering what car donation organizations are legitimate. Of course, you want to know how the charity or charity you donate your car to is competent and just not out to get your vehicle for selfish money. And realize that you’ll be able to take a tax write-off.

You’ll find there are many kinds of charitable organizations such as religious organizations for example churches, mosques, synagogues and temples. So where do you begin.

There are many national organizations in addition to local organizations. Many with names you’ve probably heard like Goodwill, Purple Heart for our vets, and the Kidney foundation just to name some. But local organizations or local chapters of the national organizations is going to be coming to pick up your vehicle or tow it if you don’t can drive the vehicle towards the charity after all arrangements are made.

You need to make sure that the charity or charitable organization you choose is operating legitimately. Yes, there are car donation programs or organizations out there simply looking to consider your car and not providing what you need in terms of documentation for your tax return.

Nevertheless, you can avoid that by asking the charity if they are a registered 501(c)3 charity or other qualified religious organization. Ask to determine proof in writing. When your car or other vehicle changes hands it will be hard to get it back. You have to verify this so you realize that they can legally accept your vehicle and that you can legally have a tax deduction. Religious organizations aren’t required to get registered however.

Remember that there are donate car intermediaries. These are companies that advertise to help you get to give your car directly to them and they take a good chunk of the profit. (Charities hire these phones handle their car donation programs.) It could be as much as 55% or more. Ask if your charity uses an intermediary. If you would like the profit to go directly to the charity you have to choose one that doesn’t go through an intermediary.

Some charities charge a vehicle removal fee. Most legitimate charities will get you vehicle or other vehicle without charging a fee. In addition, if you deliver it of course, there will be no fee. So make sure to inquire if there’s a removal fee.

So that is what you need to know to determine which charities or charitable organizations have legitimate car donation programs. You might want to pick a name that you know has been around for a long period and check them out first. They have local chapters therefore it should be easy.

About the Author

I grew up in the village of Romsley, to the south of Birmingham in central England. At 18 I went to Loughborough University to do a degree in Journalism – Right now I’m a professional writers for car donation

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