If you donated a non-qualified vehicle, see Publication 526 for the rules and limits that apply to property donations. The amount you may deduct for a vehicle contribution depends upon what the charity does with the vehicle as reported in the written acknowledgment you receive from the charity. Charities typically sell the vehicles that are donated to them. If the charity sells the vehicle, generally your deduction is limited to the gross proceeds from the sale. However, there are certain exceptions, described below.
Determining the Amount You Can Deduct
The following rules on deductibility apply to donations of qualified vehicles. A qualified vehicle
is any motor vehicle manufactured primarily for use on public streets, roads, and highways; a
boat; or an airplane. However, a vehicle held by you primarily for sale to customers, such as
inventory of a vehicle dealer, is not a qualified vehicle.
If you donated a non-qualified vehicle, see Publication 526 for the rules and limits that apply to property donations. The amount you may deduct for a vehicle contribution depends upon what the charity does with the vehicle as reported in the written acknowledgment you receive from the charity. Charities typically sell the vehicles that are donated to them. If the charity sells the vehicle, generally your deduction is limited to the gross proceeds from the sale. However, there are certain exceptions, described below.
If you donated a non-qualified vehicle, see Publication 526 for the rules and limits that apply to property donations. The amount you may deduct for a vehicle contribution depends upon what the charity does with the vehicle as reported in the written acknowledgment you receive from the charity. Charities typically sell the vehicles that are donated to them. If the charity sells the vehicle, generally your deduction is limited to the gross proceeds from the sale. However, there are certain exceptions, described below.
