Q: Is my car donation tax deductible?
A: Yes! The American Cancer Society is a 501(c)(3) nonprofit organization. Donations, including vehicles, may be claimed as a deduction on your tax return.
We accept all vehicles, including cars, trucks, motorcycles, RV’s, boats and more. If you would like to donate your vehicle, please go to our donation page or call 1-888-227-5500
Q: How much will I be able to deduct?
A: Once your vehicle is sold, the selling price becomes the amount of your donation. If your vehicle sells for more than $500, you may deduct the full selling price. If your vehicle sells for $500 or less, you can deduct the “fair market value” of your vehicle, up to $500.
Q: What’s the fair market value of my car?
A: The following websites can help you calculate your vehicle’s fair market value.
Q: What documentation will be provided for my tax return?
A: Within 30 days of the sale of your vehicle, you will receive a written acknowledgment, or receipt, of your gift. The receipt will include:
Q: Where can I get more information?
A: You can learn more by reviewing the IRS documents below or by consulting with your tax adviser.
This information has been provided courtesy of our partner, Advanced Remarketing Services.