Last Updated 4th of June, 2010
How do I complete a Georgia title transfer for a car donation? Georgia
Transferring Titles After Car Donations
Many non-profit charitable organizations accept vehicle donations, including donations of used cars or trucks that are not currently in working condition. Donating a vehicle can be a great way to support a cause you believe in, but the Georgia Motor Vehicle Division (MVD) asks that you make sure the title transfer process is completed correctly.Generally, the donate car steps are the same steps for gifting a vehicle to a family member.
- A representative from the organization receiving the used car will need to sign and date the title as the “buyer” after you complete, sign, and date the title as the "seller."
- If the vehicle is less than 10 years old, you should check to make sure the odometer reading matches the number on the vehicle title.
- Someone must have the car title notarized.
- Proof of a certificate of vehicle emission inspection must be obtained if this is required in your county of residence.
- A representative from the organization that accepted the car donation will need to pay a visit to the GA County Tax Commissioner’s tag office with the above paperwork and pay an $18 fee. If needed, the car can also be registered at this time.
And Tax Deductions?
If you donate a car to support a worthy charitable organization, it can earn you a sizeable deduction on your income taxes.
However, keep in mind that you are allowed to deduct the amount for which the car is sold. Although the IRS once allowed deductions up to the Blue Book value of the vehicle, this is no longer the case.
To avoid a potential hassle, keep careful records regarding your vehicle donation and consult a qualified tax attorney for assistance preparing your return.
Post Comment for "How do I complete a Georgia title transfer for a car donation?"
To post a comment for this article, simply complete the form below. Fields marked with an asterisk are required.
User Opinions
No users have voted.
Your changes will require approval by an administrator before they are published.
The article has been updated successfully but requires approval before it is published.
Visitor Comments