• Community
  • :
  • Discussions
  • :
  • Taxes
  • :
  • Get your taxes done
  • :
  • Re: I donated a car currently worth $15,000. I'm in the 24% tax bracket and make $100K per year. Can I deduct all $15,000 which will increase my tax return by $15,000.
ee-ea
Level 15 ee-ea
Level 15
  • Mark as New
  • Bookmark
  • Subscribe
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

Get your taxes done using TurboTax

In the 24% tax bracket a deduction of $15,000 will increase a  by $3,600 at best.

‎January 8, 2020 12:10 AM
0
542 Views
Reply
Bookmark Icon
Powered by Khoros