Car Donations - What you need to know Pt. 3

Be aware that the IRS is making an exception for those taxpayers whose donated car is given or sold to a needy person for well below the fair market value. So as long it can be proven that the needy person requires the vehicle for transportation.

Although these very strict rules have been put in place the AJCA, there is still an opportunity to have a fair deduction whilst helping those that require it.