Donating your car to charity can result in significant tax savings if you include it in your charitable contribution deduction. The charitable deduction for a car that a charity sells is limited ...
While the charity doesn't have to be located near you to accept your car donation, you may choose to give to an organization that supports your local community. Here's how to start your search for ...
Introduction to car donation tax deduction A tax deduction is an amount you can subtract from your taxable income when you file your annual return. Giving to charity is one way to get a federal ...