Consumers nationwide -- including North Carolina consumers -- have been receiving
telephone calls and seeing newspaper ads asking them to donate their cars to charity.
Some of these offers contain extraordinary claims about how much a consumer can
deduct from federal taxes for donating a car.
The Internal Revenue Service and the National Association of State Charity Officials
got together, analyzed the issues surrounding car donations, and released an informative
article about this topic for consumers -- just in time for the holidays!
We encourage you to download the release and see for yourself what car donation
programs are all about, and the tax issues donating a car might raise for you,
before you decide to donate your vehicle.
We've posted this document in Adobe portable document format (PDF) for your convenience.
The Adobe Acrobat reader is a free download, and we maintain a link to the Adobe
site on the Agency's main page.
If you have questions or comments about this document, please feel free to
contact us.