The IRS allows you, the taxpayer, to claim a tax deduction of
(a) the fair market value of your vehicle up to $500 or (b) if we sell the
vehicle for more than $500 we will mail you a postcard with that
value for your tax purposes.
additional information, the IRS provides a Donor's Guide to Car
Donations which sets forth the manner in which the IRS requires
you to determine the value of your donated property. Here
is a link to IRS Publication 4303 - A Donor's Guide to Car
Donations. You need Adobe Reader to view this file - click
here to download the free Reader.
feel free to call us at 1-888-631-6833 with any further questions you may have.