Of course, if you plan to donate your car to a charity, you are doing a great thing to help people or animals in need. As well, you will also want to maximize your car donation tax deduction. It is always important to make sure that the non profit that you wish to donate to is qualified, and that you get all necessary paperwork which in turn will help you maximize your car donation tax deduction. The IRS also has specific rules regarding the fair market value and how it relates to your necessary paperwork. Ultimately, the responsibility rests on you when it comes to tax time so read these great tips to maximize your car donation tax deduction and get the best benefit!
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