The IRS allows a deduction of up to $500 for car donation without documentation of the sale. If the charity to which you've deducted your vehicle sells the car for more than $500 they can provide you with a letter stating this fact so you can deduct the actual amount. If you have questions about the tax benefits of donating a vehicle you should contact the IRS directly or speak to a tax professional. Of course along with the tax deduction you will get the personal benefits that come with helping others. Tags: Used Car Donation
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