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Car Donation - Final Thoughts
- Pick a worthwhile charity that is on the IRS list of acceptable organizations
- Get a fair market value for your car, keeping in mind that you are only able to deduct what the charity receives for the car, either in auction or direct sale.
- Back it up with written validation and get a detailed receipt from the charity.
- Come tax time, fill out the required forms to receive the deduction.
- Pat yourself on the back for making the world a little better place.
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