Monday, February 25, 2019

Getting A Tax Deduction After Giving To A Car Donation Charities Green Bay Program

Many people in Green Bay, Wisconsin, who own an old car are already aware of the possibility of donating the car to charity. They know that a car donation is a good alternative to selling the car, which comes with a lot of hassle. And they may also be aware that they can claim a tax deduction as a result of their donation. This article will focus on people getting a tax deduction after giving to a car donation charities Green Bay program.

Before Giving to a Car Donation Charities Green Bay Program

The first thing to do is to choose a charity, like Rawhide, to whom you will donate the car. It is easy to search online for charities that operate within the vicinity of your home and then check each one to ensure that the charitable work they do is not contrary to your values and preferences.

Then, you will need to make sure that the charity you have chosen is 501(c)3 registered. If the charity does not have such a registration, you will not be allowed to claim a tax deduction for your donation.

You will also need to ensure that the charity you have chosen is a legitimate one by visiting the Better Business Bureau (BBB) site and checking how the charity is rated by the BBB and whether there have been any consumer complaints against it. If there are complaints and these have not been satisfactorily resolved, scratch that from you list and move on to the next charity.

The Donation Process and then Claiming a Tax Deduction

To start the donation process, you simply contact the charity. Oftentimes, the charity's website has an online form where you can enter the details of your proposed donation. After that, the charity will contact you to arrange for the schedule of when they can pick up the car. Naturally, you'll be able to choose a time and date that is convenient to you.

Around 30 days after they have picked up the donated car, the charity will send you a tax receipt. This will indicate the value of the car and you will use this when filing your tax return and claiming a tax deduction for your donation.

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