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While There is a Tax Exemption on Family …

September 6th, 2010

Comment posted Tax Write Off for Donation Car to Family Member by donate used cars.

While there is a tax exemption on family gifts, the amount is limited. I believe it’s in the order of $10,000 which most likely covers typical used cars but double check the limit as it may have changed recently.

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Tags: brother, charity, donate car to family member, donating a car, donating car to family member, donating your car, donation car, family member, family memeber, tax id number, tax write off |

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