how do car donations for tax breaks work and are they worth it?
lunkersaywhat asked: i’m wondering if it would be better to sell my old truck or take a write off.
Technorati Tags: Car Donations, Car Tax, Old Truck, Tax Breaks
Car donation for tax write-off?
ElleT777 asked: I’m an independent contractor in need of some tax write-offs. It was suggested to me by an accountant that I purchase a car for a few hundred dollars, and then sometime during the year, donate it to a specific charity (a local church) that offers a minimum $1,000 tax write-off for car [...]
Tax Question (Car Donation.)?
w.magda47 asked: My state and federal taxes come out to just over 4400.00. I was in school all year and am eligable for full tax back. But i donated my car back and got a slip saying it was sold for 2000 dollars. My question is can i recieve over 4400.00dollars because i donated the [...]
How do you claim donations! Tax help?
sphinxxikitten13 asked: This is the first year we are going to try to claim any of our donations on our taxes, cause well we REALLY need to the money. lol
We donated about $250 worth of clothes, children toys and accessories (high chair, 2 car seats), 2 VCRs, a DVD player, and a Stereo [...]