Created: 12/13/2013 12:52 PM WHEC.com
Thinking of donating your wheels this year? Edmunds.com has some tips to maximize your gift, and your reward.
What you need to know:
- You cannot claim the fair market value, what you can claim is the amount the charity confirms in writing
- Be sure to choose a qualifying charity -- one with a tax-exempt status from the IRS or a 501(c)(3) organization
- Itemize your return
- Save your paperwork