Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
Hobbies & Interests
Gearheads
Vehicle End-of-Life Decision
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="dennishoddy" data-source="post: 3056611" data-attributes="member: 5412"><p>New Federal rules say that they can't issue a tax deductible receipt until the unit has been sold. If the unit sells for under $500 you will get a letter saying it sold for $500 or less and you can deduct up to that amount, but not over. </p><p>Back in the day, folks were donating rusted junkers and getting receipts for $5 grand. It doesn't happen anymore.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3056611, member: 5412"] New Federal rules say that they can't issue a tax deductible receipt until the unit has been sold. If the unit sells for under $500 you will get a letter saying it sold for $500 or less and you can deduct up to that amount, but not over. Back in the day, folks were donating rusted junkers and getting receipts for $5 grand. It doesn't happen anymore. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
Hobbies & Interests
Gearheads
Vehicle End-of-Life Decision
Search titles only
By:
Top
Bottom
