If the value of the vehicle is over $500, the taxpayer is limited to deduct the amount for which the vehicle sold. In such a case you will receive a Form 1098 B & C within 30 days of sale. If the vehicle sells for under $500 you will not receive IRS forms as you are not required to file them for vehicle donations up to $500. Please consult your tax advisor to determine your benefit or for additional information, visit the IRS website at http://www.irs.gov/pub/irs-drop/n-05-44.pdf.
KlaasKids Foundation was established in 1994 to give meaning to the death of my twelve-year-old daughter kidnap and murder victim Polly Hannah Klaas and to create a legacy in her name that would be protective of children for generations to come. The Foundation’s mission is to stop crimes against children.
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