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    Magz108's Avatar
    Magz108 Posts: 4, Reputation: 1
    New Member
     
    #1

    Jan 26, 2013, 04:19 PM
    Car donation
    Is there an allowance for donating a car to charity or whatever?
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
    Expert
     
    #2

    Jan 26, 2013, 04:22 PM
    Only if it has some value to the charity. Is it driveable, or roadworthy with certificates saying it is? Can it be sold as an antique and in good shape. I don't know, what is it you have ? I am assuming you can't get rid of it any other way other then trying to give it away, and probably junk. So, no, junk is not any good to a charity.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #3

    Jan 26, 2013, 04:36 PM
    There are several agencies that will take even junk cars and give you a receipt that can be used for a tax deduction. If the charity accepts the donation, you should get a receipt.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #4

    Jan 26, 2013, 07:37 PM
    The charity will give you a receipt, they must be a real charity. They are to give you receipt for actual value, not a higher value
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #5

    Jan 26, 2013, 09:36 PM
    A junk car HAS salvage value, if for nothing else than the metal in the car.

    The charity to which you donate the car WILL eventually send you a receipt that reflects what they got for salvage on the car or for they sold it dfor at auction. If you get nothing from them, you can safely claim $500, which the IRS will NOT question.

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