Donate your boat and get tax deduction

Thanks to donate boat tax law, the IRS has taken the guesswork out of determining the value of your boat. Beginning in January 2005, you may deduct the full price we receive for the sale of your boat. This greatly simplifies the process for you, the donor, because you no longer have to research and come up with an estimate of the fair market value. This also eliminates the risk of you getting into trouble by overstating the value of your deduction on your tax return. You’ll know exactly the amount you may deduct, eliminating guesswork, and saving you both time and risk.

You will receive a receipt at the time we pick up your boat, and as a follow-up, we will send you a second receipt as soon as we sell it, letting you know the exact amount for which it sold. That amount is your tax deduction.

What are the requirements for claiming my boat donation as a tax deduction?

• The IRS requires that the charity you donate to must be a registered 501(c)3 organization. Family Care Foundation is an IRS registered 501(c)3 nonprofit.

• Family Care Foundation will issue a receipt to you giving our tax ID number.

• You must keep this receipt with your tax records as proof of your tax-deductible donation.

Boatangel accepts boat donations and sells them on ebay at www.charityboatsales.org/ for the prupose of creating and distributing absolutely free of charge (even free shipping) Children’s Animation DVDS. Order them free and preview them at www.carangel.com/projects.html. We have just completed our AntiDrug use Documentary www.dopethemovie.org, Starring skateboard legends Jay Adams from Dogtown’s Z Boys, Christian Hosoi, Dennis Martinez (world champion), Bruce Logan (world skateboarding champion) in their rise to fame, fall from drugs and redemption, free screener DVDs are available for groups. Donate my boat today and be a part of above noble cause.

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