Sunday 18 March 2018

Donate a car for tax credit see the tips on how to do it

Image result for cars Do you have an old car? Do you have an old car which you are no longer use it?
Do you know that car is still usable in one way or another, if you have a car which you think its repair is much more than its value then decide to donate it today for tax credit
Don’t stay home with a car which no longer plan to use instead follow this tips to help you benefit yourself and other people in different places around the world your car can help million of people in more than 35 countries
Image result for car donation for tax deduction
Make sure that the charity you have to choose is IRS creditable
1.Select the right charity
How to choose the qualified and right charity, if you choose the right one it will be easy for you to claim tax deduction for your car donation the most qualified charities like religions org, educational org call at (877) 8295500



Is free when you call make sure that you have the charity name and address
2. Qualify for tax deduction
Here you have to consider itemizing your form on the 1040 form after this you will be able to be tax deducted to your contribution
3. Determine the amount you can claim
If your car contribution is more than $ 500, you need to furnish a written acknowledgement it contain the following
• Your name and your TIN(Tax identification number)
• The VIN(vehicle identification number)
• The date of your donation and statement that you didn’t receive anything return from the charity
Know more..


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About the Author

Mussa Msemakweli is a technology entrepreneur, Book writer and digital marketing expert. He is currently C E O at the Africa shared . His work has been featured in a number of publications, including the Maisha halisi Magazine and on Culture trip. If you have a good time follow me on facebook and instagram or leave a comment, Thanks.
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Mussa Msemakweli

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