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Financial Planning / Tax Strategies


Subject:  Re: Donate Car for Tax or Sell? Date:  9/11/2007  5:28 PM
Author:  TMFPMarti Number:  95813 of 127753

I was trying to figure out which of two options would make most sense from a financial standpoint?

I assume this is a personal, not business use vehicle.

Selling. Always. You'll have more cash in your pocket after selling for $10 than you will after taking an itemized deduction for $10.

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