Tags: tax deduction

Car Donation Qualifying for a Tax Deduction


20th January 2006
You can deduct contributions to charity only if you itemize deductions on your Schedule A of Form 1040. You must take into account certain limitations on chari- table contribution deductions. For example, your deduction cannot exceed 50% of your adjusted… more »
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Is it in Your Interest to Donate Your Car to Charity?


20th January 2006
So, lets say you’ve decided to buy a new car and are looking for the best way to unload your old one. The dealer’s not offering you any great favors and you don’t want the hassle of a private sale. What do you do? Well, an increasing number of peop… more »