Favored donations
Our experts accept many automobiles, trucks, vans, fleet autos, trailers, boats, motorcycles, and Recreational vehicles, subject to approval. We have reps at the ready to deal with any problem you will likely have including: "what you may donate?" as well as "what status of automobiles are generally admitted?" Feel free to call us toll free at: (888) 228-1050
What records are documentation is requisite?
In the majority of situations In Most of the times we will need to get the title to the motor vehicle, but every single state has its individual conditions. Even if you don't find your title records, get in touch with us anyway; additional options might be figured out in a large number of scenarios in many cases. You may speak to us by phoning us toll free at: (888) 228-1050
We appreciate your car donation, and our experts want to help make that achievable for you. If you have some other inquiries, you can easily check out our vehicle donation Frequently Asked Question. Our representatives are waiting on the phone, primed to help you recognize any paperwork you may need to donate your vehicle.
Will I be able to gain a tax credit?
Absolutely, automobiles donated to registered nonprofit organizations are certainly tax deductible. Because we are a 501( c)( 3) nonprofit organization, your vehicles donation to Driving Successful Lives is fully tax deductible. When we collect your cars and truck donation, we will certainly mail you a receipt that specifies your tax deduction amount.
In general, if the cars and truck you donate realizes lower than $five hundres dollars, you can declare the fair market value of your auto up to $500. If your donated automobile yields more than $500, you will definitely be able to declare the true amount of money for which your auto sold. Learn more click here about how the IRS allows you to claim a tax deduction for your car donation on our IRS Tax Information page.
Your auto donation to an IRS sanctioned 501( c)( 3) charitable organization is still tax deductible and definitely will come under one of these particular groupings:
1. Regarding motor vehicles marketed for lower than $500, you may claim the fair market value right up to $500.00 with no added paperwork. The preliminary tax receipt definitely will be dispatched immediately after auto has been authenticated picked up.
2. In the event that the gross receipts from the sale of your donated motor vehicle go above $500.00, your credit will definitely be capped to the true final sale rate. You will also be asked by the donee organization to provide your Social Security for the purposes of completing its IRS Form 1098-C form.
Our people will definitely furnish you with a letter expressing the final price of your vehicle within just thirty days of its sale.
Do you supply no cost pick-up?
Yes indeed, we will certainly grab the motor vehicle starting or otherwise for free, from a locale that is good for you. When you fill in our on-line donation form our people will phone you the same or consequent business day in order to set up your vehicle pick-up. If you make your auto donation by calling us at: PHONE. We definitely will plan your pick-up at that point.
Exactly who benefits?
Our automobile donation process benefits area charities that serve children and families that need food & shelter. Your car or truck donation helps make ambitions happen in a number of ways-- including seasonal gifts.
We will also generate support to institutions that serve Veterans.
Your vehicles donation aids disabled American veterans by raising capital to present finances for multiple programs to serve to help subsidize their necessities.