Most of us like the idea of a tax deduction. It implies that you’ll be saving money, so you can rearrange your expenses favorably; donating cars to charity is a great way to make a tax-deductible dona

Tax Deduction

Cars for Charity: Making the Most of Your Donation

Most of us like the idea of a tax deduction. It implies that you’ll be saving money, so you can rearrange your expenses favorably. Tax deductible donations are ideal as well, since it means that the whole of your donation will be going wherever you choose to send it, and you won’t have to donate ‘extra’ for taxes with any amount you donate. Donating cars to charity is a great way to make a tax-deductible donation. Read on to find out more.

Even if your car is an older model, or hasn’t been driven in years, you can still donate your car to charity and receive a tax deduction. One of the best organizations to donate you vehicle to is www.donate-car-for-charity.com. You can fill out all the necessary information on the site, or call the toll-free number to speak to someone about your donation.

Donate Cars for Charity gives the vehicles you donate (including RVs and boats) to families in need all across the country. Many of these families need cars for doctor visits, job interviews, and daily errands, such as grocery shopping and bill paying. Donate Cars for Charity is also a part of the Family Care Foundation, a charitable organization that helps to house orphaned children, and offers medical relief, drug awareness, and care for AIDS patients.

If you’re considering donating a vehicle, you’ll first need to determine the value of the automobile, and make sure that you have a copy of the title. Then, complete the donation form and arrange for your car to be picked up (towing is free of charge).

To receive your tax deduction when you donate your car to this organization, there is an IRS form on the website you can fill out, so you can provide evidence to the IRS concerning your donation. The tax that you would incur from the donation originally will be given back to you, usually in the mail within a few months. There is different information for cars, boats, and RVs, so be sure to click on the link you want for specific instructions concerning your tax deduction, along with possible places your donation could go.

Another organization that could greatly benefit from your car donation is Gifts for Sight. This charity was founded by Robert Gavin, an actor and keratoconus sufferer, a visual condition that begins to affects people in their teens and early twenties, and could lead to permanent loss of sight. The donations that you make to the charity work very similar to Donate Cars for Charity, and the car donations are turned into the necessary funds doctors need to conduct further research on keratoconus (there is no known cure). Funds from the donations are also used to increase public awareness about the disease, and to help provide the necessary medical insurance for doctor visits.

Most of the donation process takes place online, and you don’t even have to worry about giving your car a tune-up or emissions test before you donate it. Gifts for Sight will take care of everything when they receive your vehicle. Just fill out the online donation form, and you’ll receive all the information for your tax deduction. And of course, there is a toll-free number available on the site if you need to speak to someone.

If you’re looking for something productive to do with a car you’re no longer using, consider donating it to these charities or others like them. You could make more of a difference than you realize.

By Tamiya King