New Car Donation Tax Law:

Effective January 1, 2005, if the claimed value of the donated motor vehicle, boat or plane exceeds $500 and the item is sold by the charitable organization, the taxpayer is limited to the gross proceeds from the sale.

Under the new car donation tax law, the charitable organization must provide an acknowledgement to the donor within 30 days of the sale stating the amount of gross proceeds. Alternatively, if the charity significantly uses or materially improves the vehicles, the charity must certify this intended use and duration and provide an acknowledgement to the donor within 30 days of the contribution. If the charity significantly uses or materially improves the vehicle, generally, the donor may deduct the vehicle’s market value.

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New Car Donation Tax Law:

The change is that taxpayers can no longer estimate, for themselves, the fair market value of their donated vehicle for a write-off of over $500. With a few exceptions that the IRS has yet to clarify, in 2005, deductions over $500 will be capped at what the charity sells your car for and then you'll receive written notification of that sales price from the non-profit.

	Fast and easy to donate car Simple car donation form		Free towing from all 48 states Pick-up within 24-48 hours		Tax Deduction with car donation Live operators from 8.a.m. - 11.p.m.

New Car Donation Tax Law:

Effective January 1, 2005, if the claimed value of the donated motor vehicle, boat or plane exceeds $500 and the item is sold by the charitable organization, the taxpayer is limited to the gross proceeds from the sale.

Under the new car donation law, the charitable organization must provide an acknowledgement to the donor within 30 days of the sale stating the amount of gross proceeds. Alternatively, if the charity significantly uses or materially improves the vehicles, the charity must certify this intended use and duration and provide an acknowledgement to the donor within 30 days of the contribution. If the charity significantly uses or materially improves the vehicle, generally, the donor may deduct the vehicle’s market value.

New Car Donation Tax Law in affect from January 1, 2005.

We will provide hassle free pick-up when you donate a car. Simply fill out the car donations form. The average pickup time is usually between 24-48 hours. There is absolutely no charge for our services!

Donate Car, Truck, Auto, Boat, RV or Trailer. Free towing and a tax deductible receipt

New Car Donation Tax Law applies to all these states :

AL, AZ, AR, CA, CO, CT, DE, DC, FL, GA, ID, IL, IN, IA, KS, KY, LA,MA, ME, MD, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY.

New car donation tax law applies all cities including:

Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts , Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.

Donate cars .com has experienced, trained operators ready and willing to help and guide you through the car donation process. Give us a call anytime between 8 AM and 11 PM, Sunday through Friday to donate your vehicle. Maximum Tax Deduction with Car Donation. Call 1 877 2 DONATE or click here to donate car online.

New Car Donation Tax Law in affect from January 1, 2005.