What is the tax benefit of donating a car to charity?
Donating a vehicle to charity benefits the charity, but the generous gesture has tax benefits for you. There are many things to know when donating a car to charity.Tax Write-OffYou can write off the amount the charity makes from selling your car.Donation ReceiptThe charity will give you a deduction amount within 30 days of receiving or selling your vehicle. The amount will come in a letter, which is your receipt.