One of the best ways to help your local community is to donate car to charity. California has many charitable organizations that will take your used car or truck and give you a tax deduction. Over 750,000 people filed for a car donation deduction on their federal tax returns in the year 2000, helping countless numbers of charity organizations, while taking advantage of federal tax breaks.
When you donate car to charity California organizations will usually offer free charity pick up, so you don’t have to leave the comfort of your own home to make a donation. A registered towing company will be hired to make the pick up, so you don’t have to worry about your vehicle being damaged in transit. Every time you donate car to charity California organizations can reach out and assist people in need.
Whether the vehicle is used for transportation, or for hauling goods, there are many organizations that encourage people to donate vehicles to charity. California is home to many charities that accept vehicle donations. Before you donate car to charity California residents are encouraged to research the charity thoroughly before giving. Many organizations offer free pick up services, while others may charge a small fee, or don’t offer any form of pick up at all.
Before you can donate car to charity California Department of Motor Vehicles advises you to:
Before you finalize your donation and contact the organization to arrange a pick up, there are a few things you need to keep in mind. After you donate your vehicle, you need to get in contact with California’s motor vehicle division to cancel your registration. The same process applies if you’re selling your car to a private party. Also you’ll need to complete a notice of transfer and release form. This form confirms that you are donating the vehicle to charity and that you relinquish all ownership of the vehicle. After that, you can apply for a tax deduction for the value of your vehicle.