Tax Deduction Info for Car Donations -- Made Simple!
 

#1: Verify that the Charity you choose is an IRS registered Nonprofit

 If you want to claim a deduction for donating a car to charity, then you should check to ensure that the charity is a qualified nonprofit organization. Otherwise, your donation will not be tax deductible. All proceeds from cars donated to Donate a Car 2 Charity benefit Activated Ministries, an IRS registered 501(c)3 nonprofit organization dedicated to helping those in need and supporting humanitarian and missionary projects around the world. Read more.
 

#2: You Can Claim the Gross Sale Value of your Car Donation

Most vehicles that are donated to Donate a Car 2 Charity are sold at auction - or for lower value cars they will be sold for parts or scrap.  The IRS allows the donor to claim the gross sale value of your donated vehicle.  In other words, if your car sells for $1500 at auction - then you can claim the full $1500 as a tax deduction.

#3: For Scrap or Parts Cars you can claim up to $500

For cars that are sold for parts or scrap, you can claim the value of the car up to $500.  You can claim this minimum deduction with the official receipt that will be sent to you as soon as you donate your vehicle.

#4: We Provide all Necessary Tax Deduction Receipts and IRS Forms

Donate a Car 2 Charity provides a written acknowledgment of your car donation as soon as you donate your car -- either by using our online car donation form or by calling one of our operators.  If your donated car qualifies for a deduction of more than $500, we will mail you an additional receipt as soon as the car is sold so that you can claim the maximum deduction for your car donation. 
 

#5: Some Vehicle Donations Qualify for a "Fair Market Value" Deduction

The IRS allows a donor to claim the "Fair Market Value" of their vehicle donation if:

The vehicle is used by the charity for a significant period of time for their charitable purpose. 

- or -

The vehicle is either donated or sold at a price significantly below market value to a needy, low income family or individual.

Donate a Car 2 Charity has launched the Cars 2 Care program to provide good quality vehicles to needy individuals or families.  To see if your vehicle donation qualifies for the Cars 2 Care program, please call us at 1-877-505-5775.

Do you have any questions about how to claim a tax deduction for your car donation?  Please call Donate a Car 2 Charity to speak with one of our courteous & helpful operators.