Can an automobile that is donated to an individual be deducted on individual income tax?

Apr 06, 2006 by BernardoLeeCarboni | Posted in Government

A Dodge Ram Van 1992 in good running condition was donate to a poor family in November 2005. The Taxpayer's income only consists of a Retirement Pension and Social Security. Can that donation be deductible when filing 2005 income tax?

actually yes because. even if it is given to you as a gift you still have to pay taxes on it when you go to register it and the person has to give you a letter saying you paid 1.00 for it

| Apr 06, 2006

Car Donations-Car Donation To Charity $500 Tax Deduction PLUS $1000 GIFT CARD

1carcharity.com For Car Donations CALL US FOR QUESTIONS 1-888-558-4525 Now you make a car donation to a car donation charity of choice and because ...

Vehicle donation is efficient recycling

20.05.12

Recycling and reusing cars and car parts are American traditions, and many of us have vivid memories of visiting a muddy auto junkyard to find parts for an old car or truck. A: Charities and the companies that operate car-donation programs for charities can potentially make a significant profit. Relentless ads in various media urge us to donate our old cars to charities or nonprofit organizations. In addition to cars and trucks, most of these donation programs accept recreational vehicles, motorcycles, airplanes and boats. For a consumer wondering what to do with an old vehicle, the biggest change has been the proliferation of charity auto-donation programs. Even if charities don't make much money, they usually have nothing to lose by being in the car-donation business.

Source: The Seattle Times

Car Donation Charities Getting The Most Value From Your ScrapTruck ...

by admin

Car Donation Charities are a great alternative to turning your vehicle into junk medal although scraping your car is not as uncommon as people might think. Today scraping helps us in 2 areas, the raw price of steel goesdown,and it helps our envirnoment. Other companies also try and get their hands on the good steel as well, contractors, and builders of any product made mainly of steel. First,you’ll need to give a call to a junk vehicle disposal outfit and help them fill in some blanks, about your scrap vehicle. The good steel is than sold to automobile builders. Even if you’re not concerned with helping others, you’ve got to see the power in lowering the prices of steel products. The re-usable parts are saved and re-sold and the rest is shreeded. The scrapping is done in minutes and the metal is separated while the other pieces are thrown away. The steps you need to take when recycling your car is quite simple. The rest is upto them, your pretty much done. A lot of people today are choosing this option....

More…

Automobile Donation - News


Vehicle donation is efficient recycling
The Seattle Times - May 20, 2012
For a consumer wondering what to do with an old vehicle, the biggest change has been the proliferation of charity auto-donation programs. Relentless ads in various media urge us to donate our old cars to charities or nonprofit organizations.

Donated Old Shoes Helped Raise Money For The Recent Relay For Life In Tift ...
SBWire (press release) - May 20, 2012
Starbucks and Auto Wranglers helped the charity Relay For Life with a fundraising even recently. Tifton, GA -- (SBWIRE) -- 05/19/2012 -- The Tifton area Starbucks Coffee in Georgia recently teamed up with Auto Wranglers and the charity Relay For Life

Car show, supper to benefit cancer victim's family
Muncie Star Press - May 20, 2012
DONATIONS: Can also be sent online at www.gofundme.com/axcko or sent to JoEllen Cook fund, 1499 S. 1225-W, Parker City, 47368. PARKER CITY -- Classic and customized cars were a big part of JoEllen Cook's life. Now, a car show, as well as a chili dinner

Got a Junk Car? Donate it in Durham!
Patch.com - May 20, 2012
If people wish to donate, the town crew will pick up the vehicle and dispose of it. The donation is tax deductible. The town accepts cars, trucks, buses and airplanes. Yes, airplanes! If anyone is interested in donating a vehicle, call the public works

California repairer to provide families in need with vehicle donation
FenderBender - May 20, 2012
California repairer to provide families in need with vehicle donation In addition, Golden State Collision Centers said several of its local vendors donated time and services to help refurbish the vehicles: Les Schwab Tires, Soroptimist Club of Marysville/Yuba City, Bullseye Paintless Dent Removal, Riebes Auto Parts,