Donating Cars to Nonprofit Organizations
Do
you plan to donate your used car to a nonprofit organization? You may
not be able to claim the “blue book value” of the car. The IRS has
placed limitations on the amount that may be deducted for a vehicle
donation. The amount that can be claimed will be based on how the
charity or nonprofit organization actually uses the vehicle. If you have any questions, please contact Liberty Tax Services and they will be glad to assist you. You can reach them at (229) 496-1793.
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