Quote:
Originally Posted by Shaolin Crane
Can you not donate it to one of the charities? You might be able to get a write off for the "good" value of the car, which may help with that other business tax that popped up, just spit balling.
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Thank you for your consideration.
The way those work is you get the write off for the value of the sale handled by the organization. It's basically an auction format and given this no worky so good, probably pretty close to scrap value. Additionally it doesn't come off your tax bill, but just reduces your taxable income (same as any charitable donation). It's good fast way to get something out and get *some* value for it and to *feel good* about it, but it's pretty minimal in most cases.