Active Questions
| Jokes, Polls & Anything Else / 10:02 AM - Thursday April 30, 2009 |
If you had a broken car, would you donate to a charity for a tax write off?Or would you try to sell it, even for a couple of hundred dollars? - Asked by Female, 56-65 |
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In the long run they give you more of a tax credit if you donate it than you would ever get selling it. I did it once.
- Response by mallowcup, A Thinker, Female, 36-45, Self-Employed
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I DID donate my car to charity back in NYC, and got mor in the tax rerfund break than I would have got for it in cash, anyway!!
- Response by bytor, A Rebel, Male, 36-45, Pittsburgh, Artist / Musician / Writer
Community Rating: Community Star |
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depends on how desparate i was for the money. the tax write off is better if you have money and are paying taxes in the 28% bracket. selling it is better if you are dirt poor and need the cash.
- Response by pizzatroll, A Mr. Nice Guy, Male, 46-55, Science / Engineering
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depends if you need the cash or you can get a better deduction out of the donation?
- Response by loseing, A Guy Critical, Male, Who Cares?, Who Cares?
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DOnate it-may help you on your taxes and make your heart fill good too!
- Response by justjenni503, A Life of the Party, Female, 36-45, Charlotte, Political / Government
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I just left it as a tree ornament.
- Response by geester, A Creative, Male, 46-55, Celebrity
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