November 7, 2008, Newsletter Issue #129: Make sure the organization to which you want to donate is IRS-Qualified, usually a 501(c)(3).

Tip of the Week

If you are eligible to deduct charitable contributions for federal income tax purposes and you want to claim a deduction for donating your car to charity, then you should make certain that the charity is a qualified organization. Otherwise, your donation will not be tax deductible. The most common types of qualified organizations are section 501(c)(3) organizations, such as charitable, educational, or religious organizations.

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