A charity that uses a donated vehicle for transportation or hauling goods obviously benefits directly from such a donation. During the winter it is often difficult to pickup the vehicles immediately if heavy snow fall makes streets impassable; these make pickups in high altitude cities like Denver, Colorado more difficult but during the spring summer and fall generally when you donate your car it is picked up within four days and with Boat Angel/Car Angel you can expect your tax deduction to be processed quickly. Then we will send you a second receipt as soon as the car is sold, letting you know the exact sale price. Simply select the charity of your choice below to learn more about that program's purpose or to start your car donation now! Plus, you now must include a copy of the acknowledgment, IRS Form 1098-C or an IRS acceptable substitute form that is sent to you and copied to the agency, with your tax return. Every time you donate a car whether you are in the USA or Canada the proceeds are used to provide quality programs for kids. The most important thing to verify is that donating a car is possible with the charity. Of the vehicle you donated when the vehicle is picked up. We will send you a second receipt as soon as the car is sold, letting you know the exact sale price. Many processing companies also collect and sell donated cars and distribute the money to a charity the donor indicates. The Car Talk VDP does not and will not solicit any vehicle donations on behalf of any station or other charity. No need to pay for advertising, no loss of privacy and possible security risk, and no need to pay for vehicle registration, insurance, and repairs to keep your car in running condition while you wait for a buyer. Arrangements to transfer your donation are taken care of by Car Angel c/ BoatAngel Outreach Center, completely free to the donor. Your vehicle is sold for the benefit of the charity you select, typically at auction or to a parts/salvage dealer if it is considered a junk vehicle. Additionally, another great way to research a charity is by visiting the non-profit to form your own opinion of the work they do. Try to find an agency that maximizes that amount, and call the charity to confirm that number before you give. You can file a regular 1040 tax form and itemize, even if the donated auto is your only deduction. If you can find a charity that handles the transaction themselves, they can keep 100% of their profits. If your donated vehicle is sold for more than $500, you will receive an acknowledgment letter for tax purposes, which contains the VIN, date of sale, gross proceeds of the sale and the date of your donation. If you know the name of the charity you wish to donate your vehicle to, please, use our online form to submit your vehicle donation information or, if you prefer, call us toll-free at (866) 392-4483. If you've always filed 1040EZ tax returns and you plan to keep filing them, you won't be able to deduct any amount for the car donation.
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