TPEONI Kacheri B.R.C Mathi Anyantra Khasedi leva baabat No Paripatra

If the car is worth $5,000 or more, an independent appraisal is necessary. The donor must also fill out Section B of IRS Form 8283. For cars worth less than $5,000, use the Kelley Blue Book, the Hearst Black Book, or a guide from the National Auto Dealers Association (NADA) to determine the market value. Make sure you use the correct figure for the date, mileage, and condition of your car. Picking the highest figure for your car model and year without taking into account other factors may not pass muster with the IRS.

Take pictures of the car and save receipts for new tires or other upgrades to verify its value.

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