Car Donation Charity

IRS Tax Information about a car donation

Help a child. Donate Your Vehicle & Receive...

• Fast Free Towing all vehicles

• Tax Deduction (or free vacation)

• All With No Paper-work Hassle!

NOTE: Some of this information has been revised please see our new IRS Publications 526, 561 and 4303 pages for latest revision.

New Tax Law changes

You can also visit this page to get the latest information: New Tax Law Information. And if you are not familiar with the tax system we suggest you read our tax deduction overview for general information and to see if you qualify for a tax deduction.

IRS Publications and Adobe Type Reader

The publications on the IRS website are now in a viewable and printable form that require Adobe Type Reader to view and print. If you do not have this tool you can obtain it at the following link: http://www.adobe.com/products/acrobat/readstep.html. Acrobat Reader is free.

Link to IRS Website

Here is the link for the IRS website: http://www.irs.gov/.

Introduction provided on IRS Form 526:

"This publication explains how to claim a deduction for your charitable contributions. It discusses organizations that are qualified to receive deductible charitable contributions, the types of contributions you can deduct, how much you can deduct, what records to keep, and how to report charitable contributions.

"A charitable contribution is a donation or gift to, or for the use of, a qualified organization. It is voluntary and is made without getting, or expecting to get, anything of equal value.

"Qualified organizations. Qualified organizations include nonprofit groups that are religious, charitable, educational, scientific, or literary in purpose, or that work to prevent cruelty to children or animals. You will find descriptions of these organizations under Organizations That Qualify To Receive Deductible Contributions.

"Form 1040 required. To deduct a charitable contribution, you must file Form 1040 and itemize deductions on Schedule A. The amount of your deduction may be limited if certain rules and limits explained in this publication apply to you."

Our Car Donation Charities are Qaulified Organizations.

Fair Market Value and Publication 526

For information about determining the "fair market value" of a vehicle you can read "Publication 526 Charitable Contributions". This link is at http://www.irs.gov/pub/irs-pdf/p526.pdf. You can read the entire publication or you can start at page 7 of the document. Be sure to read the section entitled "Contribution of Property" and a section called "Determining Fair Market Value" and there is another section called "Cars, boats, and aircraft." This gives very specific information about that type of donation.

Fair Market Value and Publication 561

There is another IRS form that is pertinent, that is Publication 561. The publication is entitled, "Publication 561 Determining the Value of Donated Property". You can find that publication at http://www.irs.gov/pub/irs-pdf/p561.pdf.

IRS Tax Form for filing taxes -- Form 8283

There is a tax form that you will need when you fill out your return. It is form 8283. You can find this form at the IRS web page http://www.irs.gov/pub/irs-pdf/f8283.pdf. The instructions for this form can be found at http://www.irs.gov/pub/irs-pdf/i8283.pdf.

IRS Form 4303

IRS tax information 2005 A Donor's Guide to Car Donations

You can also contact the IRS directly for further assistance

Visit the IRS Contact Page.