Charitable contributions made to the certified 501(c)3 nonprofit organizations that Kids Car Donations Dallas - TX has partnered with are 100% tax-deductible! If your car sells for more than $500, the amount of your tax deduction is its final sale price. On the other hand, if your car sells for less than $500, either its final selling price or its fair market value (not exceeding $500) will be the basis of your tax deduction claim, whichever is greater.
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