RE: What’s the best place to donate your car?

  • What’s the best place to donate your car?, that’ll also get you a refund for it in your taxes next year?
vishwa Gold Asked on August 15, 2018 in Business & Finance.
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You are only entitled to the “fair market value” of your car as a deduction. And, if an audit came, just as any audit where you showed a donation, they would want proof to back you up.

So, no free lunch. And very few people are better off donating a car as opposed to selling it. If its only worth $300,you cant claim $4000.

Well, you can, but for that matter you can fabricate all kind of things on your taxes.

Star Answered on August 15, 2018.
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