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Cars and Transportation
Reply to "My car needs to be junked - never dealt with this before"
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[quote=Anonymous]Is donation something like tax fraud? They take a car worth $1000 (at best) and give you paperwork claiming it's writh $5000, which at a 40% tax rate is worth $2k. Or does the IRS audit these orgs to make sure that their revenues from sales of junkers is roughly equal to the tax benefits they grant? [/quote]
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