Donate Car to Charity California

 

Are you ready to Donate Car to Charity California ? Donating a car to charity is a wonderful decision on many levels. First of all, your donation is used to help a big cause. Plus, you get your old vehicle or junk car removed from your property for free. You also recycle old vehicles, and you can also claim car donations as a tax deduction.

In this post you will find some tips on how to donate a car in California and some specific requirements you should know about California car donation.

1. Donate Car to Charity California , you start by submitting an online car donation form or contacting the charity you want to donate a vehicle to. If you want to claim a car donation as a tax deduction, be sure to check that the charity is an IRS-recognized non-profit organization.

2. The process for receiving tax receipts for your charitable donations may be different. Some charities will email you a receipt, while others ask a tow truck to provide you with a receipt after collection. This is just an initial receipt and supports you to claim a tax deduction of up to $500. You should check with the charity to find out what their procedures are for giving you a receipt when you hand in your vehicle donation.

3. In the State of California, the license plate of the vehicle remains, so it must not be removed before it is collected.

4. Filing a Disclaimer with the California Department of Motor Vehicles is an important step you don't want to miss when donating a car. This document saves you from future liability that may arise for any reason after the vehicle is donated. In California, the procedure for filing a Disclaimer is that you must return the pink portion of the title or DMV REG 138 form to your local Department of Motor Vehicles. Alternatively, you can submit your challenge of responsibility online at http://www.dmv.ca.gov.

5. If your vehicle sells for more than $500, or if you qualify for a fair market value tax deduction, you will receive additional tax documents after the sale of the vehicle occurs. The amount you can deduct from your taxes will vary depending on several factors which could include the price of the vehicle being sold or whether the vehicle is classified as a donated car at fair market value.

6. One last thing we should mention is that if you are planning to claim a tax deduction for 2012 tax, you must ensure that you must donate the car by the 31st December 2012 deadline. Charities must have the vehicle before midnight on 31st December, or at least the collection is in progress, so you can withhold your taxes in 2012. Don't wait until the last minute as delays may result in you not being able to claim donations as a deduction for the current year.

If you have more to say about your auto-donation tax deduction, most charities are relatively knowledgeable about the processes and paperwork required, but you should work with your CPA or accountant to find out the specifics of your particular tax situation.

For additional inquiries regarding Donate Car to Charity California, you may contact your local DMV or visit the DMV California website for the latest information on state-specific requirements, for additional inquiries regarding car donation in California,

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