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What does a charity have to legally do if it receives a donated car and proceeds to sell or give it to needy person?
Nonprofit and Church Legal Trends - Free Edition - September October 2008 (free edition)
Under the provisions of the American Jobs Creation Act of 2004, in general, unless the charity materially improves the car or uses it in its own program, the charity is now required to notify donors of the amount of gross proceeds of the sale of the vehicle if the donor wants to claim a deduction of more than $500.
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