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Trade copies of applicable tax forms with the charity and keep them on file.Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Car Donation Tax Deduction and other Car Donation topics. Trade copies of applicable tax forms with the charity and keep them on file.If the amount of your deduction for your car donation is more then $500.00 then you must file the IRS Form 8283: Non-cash Charitable Contributions (http://www.irs.gov/pub/irs-pdf/f8283.pdf) with your itemized tax return. A copy should be mailed to the charity or donation program. The IRS requires that the charity verify your donation and file IRS Form 8282: Donee Information Return (www.irs.gov/pub/irs-pdf/f8282.pdf). The charity should send you a copy of this form for your records when you make a car donation. |
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flowing to LifeTips readers and fans. Publish Your Book Now!
