Car Donation Tax Tips

Car Donation Tax Tips

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...

Car Donation: Your Tax Questions Answered

1.How much can I deduct? When you donate a car via Car Donation Wizard,  the IRS allows you to claim a tax deduction of: a) The value of your vehicle up to $500. It is up to the donor to determine the fair market value. b)The amount we sell your vehicle for – if...