The Deal with Car Donations to Charity


by Morgan Hamilton - Date: 2007-02-01 - Word Count: 430 Share This!

A lot of people donate money or items for charity because they want to share their blessings to the underprivileged. However, there are also some folks who do it just for the tax write off. Anyway, it does not matter what their intentions are because the important thing is that they shared their money to the needy.

As long as you have a receipt, you will get credit on your taxes for any money you give to charity. Any item you donate to charity can also give you tax credits and you can claim the full amount of any donation. A lot of people give car donations to charity when they have plans to purchase a new car.

Many people think that giving car donations to charity is better than trading in their old cars. An old car may not be worth much to a dealer but a charity can do a lot with it. The car itself may not be the only important aspect of car donations to charity. Those who run the charity have the option of selling the parts or the scrap metal for the cash needed to maintain the charity.

A lot of people still make car donations to charity, though they are less common than money donations. These kinds of donations happen a lot in the month of December because many people are after the last minute tax deduction. Do you know where to go for car donations to charity? If you don't, then you should call the local charities in your community to find one that will accept your car. They will be able to point you in the direction of someone who would love to have the car or truck you want to donate if they do not want it.

You should never forget to keep a receipt for your car donations to charity if you want to claim it on your taxes. Keep in mind that you can only claim it for the year in which you made your donation. It will not be a valid deduction if you try to claim it on the taxes you file for the next year. You can still feel good about the donation, even if you are unable to claim a valid deduction. You will always feel good if you have helped someone who is less fortunate than you.

About the Author:

Morgan Hamilton offers expert advice and great tips regarding all aspects concerning Car Donations to Charity. Visit our site for more helpful information about Car Donations to Charity and other similar topics.


Related Tags: charity, car, to, donations

Your Article Search Directory : Find in Articles

© The article above is copyrighted by it's author. You're allowed to distribute this work according to the Creative Commons Attribution-NoDerivs license.
 

Recent articles in this category:



Most viewed articles in this category:


  • Honda ATV Parts by Bowe Packer
    ATV owners are always on the look out for good quality ATV parts. This also applies to Honda ATV own
  • Polaris ATV's by Bowe Packer
    Polaris ATVs are considered as the worlds toughest ATVs currently available. These hardy machines ar
  • ATV 4 Wheelers by Bowe Packer
    There are many different shipway that people like to travel. From walk to running and play to drivin
  • Safe Driving Tips. Save Money, Save Your Life! by Frank Frost
    As you have observed, many drivers are idiots. Here are some tips to avoid accidental run ins with
  • How Car Dealers' Treat Women by Tom carey
    The first time I went on a big car lot to buy a car, was with my girlfriend at the time. The salesp
  • Dealing with tire troubles by Ryan Baliza
    It is therefore your obligation to regularly monitor your tires in order to make sure that they are
  • ATV Review by Bowe Packer
    I am sure that many of you have heard about ATVS and how they have the ability to go over rough and
  • Cover up with the Extang Tonneau by Janine Egert
    Extang is a name not unknown to many in the automotive industry. Having pioneered various
  • Honda ATV's by Bowe Packer
    There are certain types of names that just fill us with confidence regarding their products. These n
  • ATV Salvage Yards by Bowe Packer
    There are many people who like to tweak how their ATV performs in various conditions. For these indi