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Can I deduct a motorcycle if I donate a car?

You must obtain a written acknowledgment from the charity if the total deduction you are claiming for a donated motorcycles is $250 or more. Car Donation Wizard emails a tax receipt for your records following the sale of your vehicle. The IRS will only allow a deduction for the fair market value of the motorcycle.

Can you donate a motorcycle to charity?

Car Donation Wizard wants donors to know that donating your motorcycle to charity not only helps the organization fund worthwhile research and activities, but you also may be eligible to claim a tax deduction for your charitable contribution. Here are some motorcycle donation tax tips:

Can a motorcycle be tax deductible?

The IRS will only allow a deduction for the fair market value of the motorcycle. This can be found on the tax receipt emailed to you for your donation. If the motorcycle is worth more than $500, the donor must complete Section A of IRS Form 8283 and attach it to their tax return.

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