Car Donation Q&A: About How Much Money Can You Get in My Income Tax Return if I Donate a Car?
Question by Will8: About how much money can you get in my income tax return if I donate a car?
I heard, and i’ve seen many advertisings about donating cars even while i’m driving.. the thing is that i have this other car, which needs a few repairs, but i wouldn’t want to spent any more money on it i heard that if you donate your car, you can put that down for your income tax return.. and i was wondering if anybody that have done this before.. about how much money did u got back for it?
Best answer:
Answer by jseah114
You will get a deduction as a charitable contribution for the fair market value of the car, or how much the charity sells the car for.
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