Do you want to donate your car? Well you're a good person. Donating your car to a charity could help people in need get the assistance that they require. But when you're donating your car, you have to do your research. Not all charities are using the money
that they raise for the causes that they're raising it for. They'll use kids, veterans, pets, to play on people's emotions. In this video I'm going to give you some tips on how to safely donate your car to charity, and at the end, you'll get a special bonus tip on how to maximize your donation. In a reputable charity, the majority of funds should go towards the actual cause that they're
raising money for. But some charities will do the opposite, spending their money on salaries and expenses as opposed to the actual cause itself. Instead of donating to a cause, you could be donating to someone's salary. Here are a few tips to keep in mind. First, make sure that you research the charity and make sure that it's a non-profit.
If it isn't, your donation won't be tax-deductible. You could look up registered charities in the IRS website. Next, you're going to want to make sure that you get a receipt for your donation, and documentation of how much the car actually sold for. If the value of the car is over five
hundred dollars, you're going to want to fill out IRS Form 8283 and submit that
with your tax returns. Finally, you're gonna want to make sure that you sign your car over before actually donating it. If you don't, you could be liable for the car down the road. IRS Publication 4303 could help guide you through all of the steps necessary to be able to claim your donation properly.
You can find that linked in the description below. But keep one thing in mind: charities don't
specialize in selling damaged cars. Even if they accept a car and they sell it, they might not get as much for it as you think they will. Bonus round. What if… you sell the car… and you take that money, and you donate it to the charity of your choice? You can then take that receipt and you can claim it as a tax deduction. And do you know who can help you sell your car fast? That's right, CarBrain can. CarBrain can get you an offer in just 90 seconds. You can have your car picked up and you can get paid within 48 hours. There's no fees and
there's no fuss. It's really easy. You could even look us up. CarBrain has an A+ rating with the Better Business Bureau, and thousands of positive reviews
all over the internet. We're here to help you! So visit CarBrain.com, and get your offer today.