Comments on: I need money – Should I sell my old car or donate it http://donatejunkcarsfast.com/i-need-money-should-i-sell-my-old-car-or-donate-it/ Free junk car pickup and removal in the US and Canada Sat, 14 May 2011 03:45:22 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Admin http://donatejunkcarsfast.com/i-need-money-should-i-sell-my-old-car-or-donate-it/comment-page-1/#comment-1105 Admin Sat, 24 Jul 2010 14:34:09 +0000 http://donatejunkcarsfast.com/?p=401#comment-1105 If you need money now, then sell the car now. Like the previous answers state, you'll only get a tax deduction if you itemize and that won't come until you can file your taxes at the end of the tax year. That hardly puts money in your pocket now. If you don't have the time to put an ad in the paper and then deal with all the phone calls and people coming to your house, then you can <a href="http://donatejunkcarsfast.com/buy-my-wreck/" rel="nofollow">sell your old car fast</a> just by filling out a form online. It's a free service. You'll get bids on your car from old car dealers in your area and you're under no obligation to accept any of them. If you do accept a bid, you car will be towed away for free. Just click that link to get started. If you need money now, then sell the car now. Like the previous answers state, you’ll only get a tax deduction if you itemize and that won’t come until you can file your taxes at the end of the tax year. That hardly puts money in your pocket now.

If you don’t have the time to put an ad in the paper and then deal with all the phone calls and people coming to your house, then you can sell your old car fast just by filling out a form online. It’s a free service. You’ll get bids on your car from old car dealers in your area and you’re under no obligation to accept any of them. If you do accept a bid, you car will be towed away for free. Just click that link to get started.

]]> By: Katie W http://donatejunkcarsfast.com/i-need-money-should-i-sell-my-old-car-or-donate-it/comment-page-1/#comment-1100 Katie W Sat, 24 Jul 2010 01:17:09 +0000 http://donatejunkcarsfast.com/?p=401#comment-1100 As I recall, donating something to get tax deductions only benefits you if you itemize your deductions, rather than take a standard deduction. So, if you prefer not to bother with itemizing, it probably won't help; or, if you plan to itemize, you want to be sure you'll have enough deductible items documented that the total would be more than the standard deduction value, or you've done all that documenting work for nothing. As I recall, donating something to get tax deductions only benefits you if you itemize your deductions, rather than take a standard deduction. So, if you prefer not to bother with itemizing, it probably won’t help; or, if you plan to itemize, you want to be sure you’ll have enough deductible items documented that the total would be more than the standard deduction value, or you’ve done all that documenting work for nothing.

]]> By: Blessed3x http://donatejunkcarsfast.com/i-need-money-should-i-sell-my-old-car-or-donate-it/comment-page-1/#comment-1102 Blessed3x Sat, 24 Jul 2010 01:17:09 +0000 http://donatejunkcarsfast.com/?p=401#comment-1102 Selling the car will give you cash in your hand right now. Donating it will mean less tax paid on your next return, "IF" you itemize deductions, which you can't even do unless you donate above a certain amount. I would opt for selling unless the car is in such bad shape that you would have a lot of difficulty selling it. Selling the car will give you cash in your hand right now. Donating it will mean less tax paid on your next return, "IF" you itemize deductions, which you can’t even do unless you donate above a certain amount. I would opt for selling unless the car is in such bad shape that you would have a lot of difficulty selling it.

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