I want to donate my 200 Ford Focus to a school or animal charity for the sake of its parts.

Asked by Jan 06, 2016 at 03:18 PM

Question type: General

Everything works but the timing belt. Not sure how to value it for tax purposes.

2 Answers

6,135

When you make a donation to a non profit they should give you a form with the value that they feel is adequate.

2 out of 2 people think this is helpful.
34,855

I am pretty sure you have to back up the value yourself. Check the IRS regulations but they used to require an actual appraisal if the claimed value was over $5,000 but your value is probably less than a $1,000.

2 out of 2 people think this is helpful.

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