DETAILS, FICTION AND CHARITY CAR DONATION

Details, Fiction and charity car donation

Remember to see IRS Publication 4303, A Donor's Guide to Car Donations, for information on how to ascertain the fair market place worth of a donated automobile for which no 1098-C sort is issued.Usually, When the charity did not sell the car by the end in the tax 12 months, you can assert the fair industry price (FMV) of the car as on the donation

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