×

When you donate your car to Cancer Journeys Foundation you are making an important contribution to help us save breast cancer patients. In return for this donation, the IRS allows you to claim a charitable deduction on your annual income taxes. The I.R.S. publishes a Donor’s Guide to Vehicle Donations that describes at a high level what deductions you are able to make and how vehicles are valued by the IRS.

Most charities—including Cancer Journeys Foundation —sell the vehicles that are donated and use the proceeds from those sales to fund the charity. The actual amount the vehicle is sold for is generally what a donor can claim on their taxes. As a result, it is important that the charity try to get the most value out of every vehicle donated; not only does it mean more revenue for the charity, it also means that the vehicle donor gets the highest tax deduction possible.

Cancer Journeys Foundation sells donated vehicles through an established network of dealers and auction facilities or through a vehicle recycling center for salvage cars. In many cases we will clean the vehicle and make minor repairs in order to ensure the highest possible value is returned. In some cases, we will make significant repairs (material improvements) in order to maximize the amount the charity receives and the tax deduction you can claim with the IRS. The Material Improvements exception from the IRS allows you to claim the fair market value of a vehicle that is donated and needs these repairs.

Do you have a vehicle that needs repairs? Call us today at 888-885-6710 to find out if Cancer Journeys Foundation can make those repairs at no cost to you before selling the vehicle to maximize your tax deduction.

×

Please call us if you have any questions not answered in this FAQ @ 888-885-6710.

When I donate my car do I have to pay anything?

No, there is no cost to you at all! We handle towing and all of the necessary state forms to transfer the vehicle.

Where does my money go towards?

Your tax deductible donation will go towards helping raise awareness and help defeat breast cancer.

Are there any forms I need to fill out in order to claim a tax deduction?

Once the value of your donation has been determined we will provide you with a completed IRS form 1098-C if the value of your vehicle is over $500. When you submit your federal income tax return you will need to include a form 8283, which lists any donations you have made. The form 1098-C we provide to you will have all the information you or your tax professional will need to complete form 8283.

What areas do you serve?

We can come to you nationwide. Your car will always be picked up for free and we can schedule a time that is convenient to you. Call us @ 888-885-6710 to speak to one of our specialists.

What condition does my car need to be in to be donated?

We will accept any vehicle, even if it requires repairs in order to be valuable. In some cases we will sell the vehicle as is and in other cases we will make the repairs before selling the vehicle or putting it into service. If a vehicle cannot be repaired we may recycle the vehicle. Call us at 888-885-6710 to speak to one of our specialists.

How quickly can you pickup my car?

We can pickup your as quickly as the same day! Call one of our experts @ 888-885-6710 to schedule a time convenient for you.

Do I have to provide any documentation when I donate my car?

Yes, we require that you have clear title to the vehicle. You must clear any liens or loans against the vehicle before it can be donated.

The car is not registered in my name. Can I still donate it and deduct it?

Yes, you can donate the vehicle, as long as you have clear title that has been signed off by the owner on record and a supplemental transfer form or receipt from the owner on record transferring the vehicle to you. You should consult with a tax advisor to ensure this will be acceptable for donation purposes.

How does all of this work? What’s the procedure once I agree to donate my car?

First, we will record the information about your vehicle either over the phone or online so that we can notify the appropriate towing company to retrieve it. The tow company will confirm the time to pick up the vehicle. Once the tow driver arrives he will provide you with a liability release form and receipt, collect the title and transport the car back to one of our facilities. In some cases we will make repairs to the vehicle in order to prepare it for sale, in other cases it will be taken directly to an auction and in some cases it will be put into service by the Cancer Journey Foundation. Within 30 days of the vehicle being sold, we will complete IRS form 1098-C and mail it to out to you if the value of the vehicle is over $500.

Do I have any liability issues?

No. When we come to pick up your vehicle you will need to complete a California Release of Liability Form, which is attached to your title. If your Release of Liability Form is missing you can complete one online using the California DMV web site.

What if I don’t have the pink slip?

It is still possible to donate without a pink slip/title. Please speak to one of our experts @ 888-885-6710.

Can I deduct my donation on my taxes?

If you itemize your taxes then you should be able to deduct the value of the vehicle. Cancer Journey Foundation is a 501(C)3 charity and contributions and donations to it are tax deductible. We cannot offer tax advice however and recommend that you consult the IRS web site or your tax advisor for more detailed information.

Here are some resources from the IRS that may assist you in determining a tax strategy:

• Publication 4303 – A Donor’s Guide to Vehicle Donations http://www.irs.gov/pub/irs-pdf/p4303.pdf
• Form 8283 – Noncash Charitable Contributions http://www.irs.gov/pub/irs-pdf/f8283.pdf
• Form 1098-C – Contributions of Motor Vehicles, Boats, and Airplanes http://www.irs.gov/pub/irs-pdf/f1098c.pdf