Yes, your car donation to 1-800 Car Donations is tax deductible. As a registered nonprofit organization, we are approved by the Internal Revenue Service (IRS) for tax-deductible vehicle donations. When you donate your car to us, we will provide you with the necessary documentation to claim a tax deduction. The amount you will be able to deduct depends on the fair market value of your donated vehicle. If your donation exceeds $500, you will receive an acknowledgement letter from us, which you can use for tax purposes. For donations valued over $5,000, an independent appraisal may be required. Remember to consult a tax professional for specific advice on deducting car donations.
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