Example

Things To Remember While Donating Cars To Charity (2)

3. Know the status of your recipient.
In order to get the qualification for the tax deduction, for that you will must make sure that the charity or the organization that is getting your donation must be an IRS-approved 501(c)(3) organization.

4. Check the math.
Plenty of times you tend to take help of the intermediary firms to donate cars probably because you have shortage of time, & then make a mathematical calculation. At least ask the organization about how much they pay to the charity 



from the selling of the donated automobile. If the answer is about flat $100 on used & elderly automobile regardless of the price of the automobile or about $2,000 per month, then your donation is not eligible for the tax rebate & deduction.
5. Do the delivery yourself.
After identifying the charity, it is recommended to deliver the automobile to the charity at your own risk, as it will increase the benefits of your donation at a nice deal.

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