Car Donation Programs
There are many programs out there who are looking for people to donate a car or any vehicle to . Since it becoming a popular way of getting a tax deduction and / or removing a junk car , some smarties started to catfish people . You need to be carefull while you donate your car to a charity . First make sure that it is not a company which is not actually a charity . If it is a charity , you need to make sure that it is a non-profit charity . There are always bad people who are going to take advantage of your good will . You may end up with no tax deduction after your donation , plus you are going to know that there is nobody except the catfisher who benefited from your generosity .
Since you are going to get the same ammount of the tax deduction for your vehicle that you donated , we highly recommed you to read about the charity that you are going to donate your car ( vehicle ) , go on their website and see what they are doing with the donations . With a little research , you will know where your donation is going . To know that you junk car gave homeless people a shelter , treatment to a disease , a shelter to abandoned or surrendered animals , is going to make you feel much better than tax deduction for sure .
What Can I Donate :
You can donate almost any junk vehicle, including cars, trucks, boats, motorcycles and recreational vehicles . Your vehicle donation will be sold at an auction or to salvage depending on condition. After you get a signed clear title and call in to donate your car ( vehicle ) to a charity , within 2 business days a tow company is going to contact you . You dont even need a smog certificate to donate your car to a charity . If you are donating your car to a non-profit organization , all donations qualify as a charitable deduction on your federal income tax return. It’s fast and easy.
In most cases , the vehicle does not even need to be registered in your name, and the name on the title may often differ from the name on the registration documents.
Use this checklist to prepare for your vehicle pick up:
– Remove all personal belongings from the vehicle. …
– Prepare the vehicle’s title for donation: …
– If needed, obtain the vehicle’s lien release. …
– Remove license tags, and return them to the Department of Motor Vehicles before cancelling the insurance.