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 Hope Meireles | Mar 11, 2021 | Car Donation
Figuring out where and how to donate your junk car may seem overwhelming, but Car Donation Wizard is here to help make the process simple with some car donation tips. Check out these tips on how to maximize your junk car donation: Pick the car donation service that...
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 | Mar 5, 2014 | Charitable Tax Break
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...
