![]() Our partner, CARS (Charitable Adult Rides & Services), a 501(c)(3) nonprofit, can accept vehicles in almost any condition, whether they can be driven or not, in all 50 states. Our partners will sell your vehicle and the proceeds will support the mission of the American Red Cross. ![]() We’ll send you a tax receipt and acknowledgement for your generous donation.Our partners will pick up your vehicle at a time that works for you – at no cost to you.To get started, simply fill out the online form above or call 1-855-92 RC CAR (85).If they fail to transfer the title, you'll remain liable for any parking tickets, or other subsequent problems with the vehicle.Making a Vehicle Donation is Quick and Secure If the charity asks you to leave the assignment of ownership space on the charity donation papers blank, refuse and consider finding another organization. Proper Transfer Of OwnershipĪnother thing to be careful about is the paperwork for the transfer of the vehicle. Once again, consult your registered tax professional prior to any action on your part. If they wind up selling the vehicle for less than market value (as is common), you'll only be eligible to deduct that amount. Just because the fair market price for your vehicle is $2000, doesn't necessarily mean you can deduct that much. Knowing what to expect if you are eligible for the deduction is another thing to keep in mind. You should also verify that the charity has a good overall grade, to make sure that most of your contribution will go towards the cause you've selected. Be sure to carefully research the organization prior to donating to ensure they fall into this category. Only donations to a registered 501(c)(3) are eligible for the tax benefits you're expecting. You can also consult with them about any benefits if you file State taxes. Check with your tax preparer to see if you'll be eligible or not. Recent changes to the federal tax code give a larger standard deduction, so fewer people are itemizing these days. To be eligible for tax deductions on your federal returns, you typically need to itemize your deductions. Here are some common things to keep in mind and consult with them about: Tax Itemization You should always consult your legal and financial professionals prior to donating a car in Minnesota to make ensure you're eligible for tax deductions, etc. Make sure you never hand over a signed title without listing the transferee! Again, you should consult with tax and legal professionals before completing this process and not rely solely on this information. Typically the organization will handle the paperwork with the DMV. Make sure you have the paperwork discussed above ready to go! A receipt for the donation will be provided at the time of pickup and additional documentation may be mailed to you. On the time and day of your choosing a tow-truck will arrive to retrieve the car. This can be done whether the car is in working order or not. Once you’ve chosen your charity and consulted a professional, it’s time to arrange a pickup! Call or go online to register interest in the program and arrange a vehicle pickup. Consider yourself warned! Call or Request A Pickup Online The information on this page is provided as a free resource to help get you started, and is not a substitute for advice from a qualified professional who is aware of your unique financial circumstances. Consult A Tax ProfessionalĮnsuring you qualify for a tax deduction is best done by a professional Financial or Legal advisor. There are tons of great charities to choose from, and we’ve compiled a great list for national and local organizations you may wish to consider here on this page. You can verify the charity’s eligibility by calling the IRS hotline at 1-87. In order to receive the tax benefits, this will generally need to be an organization registered as a 501(c)(3) non-profit. The next step is to choose a charity you wish to benefit from the donation. The exact requirements vary by state, and most charities will be able to provide details when you call. In the event the owner is deceased, a death certificate and signature of the executor of the estate will usually suffice. This usually includes the title for the automobile, which needs to be signed by the owner listed. Be sure to look up any specific requirements for the state. Donating a car in Brainerd is a straightforward process, but there are a few steps you need to follow: Preparationīegin by preparing the necessary documentation to transfer ownership of the vehicle.
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