December 19, 2008, Newsletter Issue #135: Step 2: Determine the value of your car donation.

Tip of the Week

The charity to which you donate your car cannot be the party to determine the value of your gift, as the IRS considers that a conflict of interest. It is the donor's responsibility to determine the fair market value of cars donated prior to making the donation. See the section on valuing your car donation for more information on how to determine its value when you have a vehicle to donate.

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