How To Donate a Car In California | Travel California 2017/2018

How To Donate a Car In California | Are you ready to donate a car in California? If so, good for you! Donating a car to charity is a wonderful decision on many levels. | How To Donate a Car In California | First of all, your donation goes to help a great cause | Above all, get old vehicle/junk car moved off your property free of charge.
You are also recycling an old vehicle, and you also get to claim the car donation as a tax deduction.
As a matter of fact In this post you’ll find some tips on how to donate a car in California and some specific requirements you should be aware of that relate to California car donations.
How To Donate a Car In California

How To Donate a Car In California | Travel California 2017/2018

  1. As a matter of fact To donate a car in California, you begin by submitting an online car donation form or calling the charity you wish donate your vehicle to.  Nevertheless If you wish to claim the car donation as tax deduction, check charity IRS recognized nonprofit organization.
  2. Furthermore the process for receiving the tax receipt for your charitable donation may vary. Some charities will email you the initial receipt while others have the tow truck provide you with the receipt at the time of pick up. No doubt this is just an initial receipt and enables you to claim a tax deduction of up to $500. You should check with the charity to find out what their procedure is for providing you with this receipt when you submit your vehicle donation.

How To Donate a Car In California | Travel California 2017/2018

  1. In the State of California, license plates remain with the vehicle. Therefor we urge not to removed prior pickup.
  2. Filing a Release of Liability with the California Department of Motor Vehicles is an important step you do not want to miss when you donate a car.  This document releases you from future liability which may arise for any reason after the vehicle is donated.  In California the procedure for filing a Release of Liability is that you must return the pink portion of the title or DMV form REG 138 to your local Department of Motor Vehicles. Alternatively, you can file your release of liability online at http://www.dmv.ca.gov.
  3. Similarly If your vehicle sells for more than $500, or if it qualifies for a fair market value tax deduction, you will receive additional tax paperwork after the sale of the vehicle takes place.
  4. Meanwhile one last point we should mention is that if you plan to claim your car donation tax deduction on your 2012 taxes, you need to make sure you donate the car well before the deadline of December 31, 2012. The charity should have possession of the vehicle before midnight on December 31st, or at least have the pickup well in the works, in order for you to claim your tax deduction in 2012. Don’t wait till the last minute as there could be delays that could result in you being unable to claim the donation as a deduction for the current tax year.

How To Donate a Car In California | Travel California 2017/2018

 If you have any further questions related to your car donation tax deduction, most charities are relatively knowledgeable about the process and paperwork needed, however, you should consult a CPA or accountant for specifics regarding your particular tax situation.
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What’s your take on this article? Was it helpful? If yest Please comment using the comment box bellow.

For additional questions related to car donations in California, you can contact your local DMV or visit the California DMV website for the latest information on state specific requirements.

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