TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Donated Car Increased in Value

March 09, 2010

Today TaxMama hears from Dawn in the TaxQuips Forum with a simple question. “I donated a vehicle to charity. The vehicle increased in FMV from the time I purchased it 14 years ago. I donated it for the use of the charity (not for resale). It’s a chari