What are my options to donate car to a charitable organization?
A reader asks…
I have a 97 Mitshubishi Eclipse that has 175K miles. It doesn’t run very well, and we would like to donate it for a tax deduction. Can someone, who has been through this process, or has knowledge on the various programs, provide me with some information on my options?
Answer:
You can only take a tax deduction if you itemize. Click here to read more about selling vs. donating a car.