Here are some answers to common questions about vehicle donations and tax deductions. Alumni Autos provides this information for your convenience. As always, consult your own tax or financial advisor before making personal financial decisions.

When I make a vehicle Donation through Alumni Autos, is that contribution tax-deductible?

When I make a vehicle Donation through Alumni Autos, is that contribution tax-deductible?
Absolutely! Every single University featured on Alumni Autos qualifies for 501(c)(3) non-profit status from the IRS — every donation you give counts as a tax-deductible donation. When you make a donation through our site, please be sure to save and/or print the confirmation e-mail you receive from Alumni Autos for your tax records.

I want my giving to be deductible for this tax year. Do I need to make a donation by a certain time?

I want my giving to be deductible for this tax year. Do I need to make a donation by a certain time?
Yes. Any donation you made on or by December 31, 2010 will qualify as a deduction for 2010. Any donations made in 2011 (even at 12:01 a.m. on New Year’s Day) go towards the 2011 tax year. So if you’re looking for a tax benefit for this year, you’ll want to make that donation before December 31, 2010. The good news is that you can donate through Alumni Autos any day of the week, 24 hours a day online.

Do I need to itemize my tax return to get a deduction for charitable giving?

Do I need to itemize my tax return to get a deduction for charitable giving?
Yes, you do. Donations are only tax-deductible if you itemize deductions on your tax return. When you file your taxes, you’ll need to itemize your donations on the Schedule A of the 1040 form.

How much can I deduct on my taxes for my vehicle donation?

How much can I deduct on my taxes for my vehicle donation?
You are able to deduct the gross proceeds received by the nonprofit organization. For vehicles valued above $500.00 an official receipt of sale will needed to be filed. Vehicles under 500.00 do not need to file with a receipt of sale.

Can I donate a non-running vehicle?

Can I donate a non-running vehicle?
Yes, we accept most cars running or non-running for donation. Unless the value of the car is offset by the cost of towing.

When will I receive a receipt for my vehicle donation?

When will I receive a receipt for my vehicle donation?
A confirmation is sent via e-mail immediately after the University has been selected, the vehicle information has been filled and the donation is submitted. An official receipt of sale is e-mailed once the University receives payment for the transaction.

Are there any expenses on my part?

Are there any expenses on my part?
NONE!

What areas does Alumni Autos service?

What areas does Alumni Autos service?
We service areas throughout the entire 50 states.

Who will pick up my vehicle?

Who will pick up my vehicle?
A licensed tow company representing Manheim Auction House will pick up the vehicle.

How long will it take to have my vehicle picked up?

How long will it take to have my vehicle picked up?
The average pick up time is between 24-72 hours form the time of submission.

Do I have to be home when my vehicle is picked up?

Do I have to be home when my vehicle is picked up?
No. Make sure all personal belongings have been removed and the keys are left in the glove compartment.

What should I do with the license plate after I donate my vehicle?

What should I do with the license plate after I donate my vehicle?
Please remove the license plates once the tower arrives and return them to the DMV. However, in the states of California and Minnesota, the license plates need to remain on the vehicle.

*In the states of California and Arizona you must also turn in a “Release of Liability” form. In Washington State this form is called a “Report of Sale”. Fill in our name and address: Alumni Autos, For the vehicle purchase price you can fill in donation.