You might think donating your automobile in 2024 was a straightforward act of generosity, but as you wade into 2025's tax time, you are about to find a pleasant key.When you've decided to donate a car or truck to charity, indicator the title instantly around for the charity or their agent. All states have extremely apparent regulations about transf
The 2-Minute Rule for donate a car
Will probably be your only receipt In case your auto sells for under $500. An IRS Variety 1098-C, Contributions of Motor Autos, Boats, and Airplanes will likely be mailed for you inside 30 times on the sale stating the quantity of gross proceeds acquired from your auto, furnished your motor vehicle marketed for much more than $500. This will be you