Tax-DeductibleWe are an IRS approved 501-c3 Charity and your donation is tax deductible.
The IRS allows you to claim a tax deduction of (a) the fair market value of your vehicle up to $500 or (b) if we sell the vehicle for more than $500 we will mail you a completed IRS tax form 1098-C with that value for your tax purposes.
For additional information, the IRS provides a Donor’s Guide to Car Donations which sets forth the manner in which the IRS requires you to determine the value of your donated property. Here is a link to IRS Publication 4303 — A Donor’s Guide to Car Donations.
Please feel free to contact us with any further questions you may have.