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Federal Income Tax Question – Car Donation For Charitable Deduction?

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Federal Income Tax Question – Car Donation For Charitable Deduction?

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Jul 19, 2009 by Wizard of Ahhs | Posted in United States I am a 21 yr old full metre college student who is still a dependent on my mom’s tax return (she itemizes). I would like to supply my car which has a Fair Market Value of $5,000, to take advantage of the charitable deduction on my taxes.

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