The Fact About donate a car That No One Is Suggesting
Donors will no more be accountable for pinpointing the deductible price of their donation. In its place, they can acquire IRS Sort 1098-C, Contributions of Motor Autos, Boats, and Airplanes When the proceeds with the sale exceed $500, stating the amount of the gross proceeds from your sale in the donated car. The quantity outlined on IRS Sort 1098-