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Donate my car in Orlando | Forest Lake Academy
 
 
 
 
What tax amount can you claim?
 

Wondering what your vehicle donation might be worth? As of January 1, 2005, the tax law for donated vehicles changed. The IRS states that you (the donor) assign the value of the donation when you file your taxes.

With our Donation Letter you can deduct up to the allowable maximum of $500. Our letter is sufficient for this purpose. If, however, the vehicle sells for more than $500 you can claim that amount.

In order to do this, we are required by the IRS to get your Social Security number so that we can send to you the needed IRS Forms. Please be assured that your SSN is protected and secure.

 

Be sure to save our letter and the IRS Forms for tax time. Check with your accountant if you need help or feel free to give us a call at 407.598.1555.

 

 
 
Last Update 05/01/09