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From: wjhe@hlexa.UUCP (Bill Hery)
Newsgroups: net.taxes
Subject: Re: Non-cash Charitable Donations
Message-ID: <2095@hlexa.UUCP>
Date: Thu, 10-May-84 17:28:19 EDT
Article-I.D.: hlexa.2095
Posted: Thu May 10 17:28:19 1984
Date-Received: Sat, 12-May-84 09:06:24 EDT
References: <851@druxm.UUCP>
Organization: AT&T Bell Laboratories, Short Hills, NJ
Lines: 18

Subject: donating a car to charity for the tax deductions

1.  Where to donate:  Vocational high schools use donated cars
for their students to learn auto mechanics.  Last year I tried
to make two such donations.  After checking several schools, I 
found one that would take one of my cars because it was front 
wheel drive (which is rare in older cars); I couldn't find
a similar home for my other car.  It seems that a lot of 
people want to get a tax deduction when they get rid of older
cars.

2.  How much to deduct:  The school gave me a rcpt. for the car,
but would not quote a value.  According to IRS, the deduction should
be fail market value, so I used the then current NADA used car price
guide to estimate the price (these are usually available in the 
public library).  I'll let you know if I get audited on it!

Bill Hery