by Hope Meireles | Apr 15, 2021 | Charitable Tax Break
April 15 is Tax Day, the last day to submit your income tax returns to the federal government. Car Donation Wizard is here to provide you with car donation tax tips which may help your understanding of car donations and how tax deductions benefit you. Due to the...
by Jason Moroney | Mar 14, 2019
Tax Benefits of Car Donation When you donate through our program you are eligible for a tax deduction. However, to claim your deduction you need to itemize on your income tax return. In 2005, the IRS changed the laws related to tax deductibility of car donations...
by Editor | Aug 26, 2013 | Charitable Tax Break
When you donate a car you may deduct the fair market value when filing your taxes, this may be different than the Kelly Blue Book Value, as vehicle worth varies depending on the type of re-sale marketplace. The actual amount you are able to deduct is dependent on what...
