#CAR INSURANCE: CAR DONATION TAX DEDUCTION

CAR DONATION TAX DEDUCTION Step 3: Determine the amount of your deduction The exact amount of your deduction is dependent on what the charity does with your vehicle and on the vehicle’s value. Let’s break it down. IF THE CHARITY… YOUR TAX DEDUCTION IS… Uses the vehicle for its own purposes (such as delivering food to the needy or giving it to a needy individual) the fair market value of the

Nov 28, 2023 - 21:27
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#CAR INSURANCE:  CAR DONATION TAX DEDUCTION
CAR DONATION TAX DEDUCTION Step 3: Determine the amount of your deduction The exact amount of your deduction is dependent on what the charity does with your vehicle and on the vehicle’s value. Let’s break it down. IF THE CHARITY… YOUR TAX DEDUCTION IS… Uses the vehicle for its own purposes (such as delivering food to the needy or giving it to a needy individual) the fair market value of the

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