Second Chance Cars will send a tax donation receipt for 100% of the retail value that you can submit with your taxes. For your records, our federal tax ID number is: 83-2999870.
Below we’ve provided general tax deduction information and downloadable tax forms you may find helpful. Please speak to a trusted tax advisor should you have any specific questions about your individual situation and taxes.
General IRS Tax Information About Car Donations and Downloads
Donating a Used Vehicle — How it Works from the IRS
To receive a tax deduction for a donated vehicle, you must include any charitable contributions itemized on Schedule A of Form 1040. You will need to include your charity auto donation tax deductible receipt with your tax return.
You do not need to submit Form 1098-C if your vehicle sells for less than $500. The Second Chance Cars receipt for your donated vehicle is sufficient documentation by the IRS.
For vehicles valued at $5,000 or more, Form 8283 will need to include a signature from a qualified appraiser on IRS Form 8283, section B.
For additional information, the IRS provides A Donor’s Guide to Car Donations IRS Guide 4303, which details the determination of the value of your donated vehicle.