How to Junk a Car In Staten Island NY

Decided to junk a car in Staten Island NY? Junking an old beat up broken down car in Staten Island NY is as easy as donating it to a charity that is registered to accept junk cars where you will get a tax write off, or you can junk your car yourself and put some extra money in your back account. Donations of property (junk cars) are tax deductible. You should note that different junk yards in Staten Island have different prices, so prices vary on the junk yard or junk car buyer you find and are comfortable and happy with. You should also note that the bigger the junk yard or junk car buyer the more money you will get.  

If you decide to donate your Staten Island junk car to receive the tax write off, I stress that your Staten Island junk car donation must go to one of these organizations or your will not get the tax write-off:

a. Nonprofit charitable group

b. Nonprofit educational group

c. Nonprofit religious group

These groups are referred to as 501(c)(3) organizations also known as charitable organizations. Donations you give directly to needy people don't count. The Internal Revenue Service has a Donors Guide to Car Donations, IRS publication 4303. Note that according to IRS publication 4303, “A donor cannot deduct any single charitable contribution valued at $250 or more unless the donor obtains a contemporaneous written acknowledgment of the contribution from the charity.” 

Having said all of this, beware of those cash for junk car buyers in New York, especially those in Staten Island that promise you cash money on the spot and a tax write-off. Most of the cash for junk cars buyers out there who promise you cash and a tax write off don’t full under the three groups listed in a ,b, and c above. a. In any case, use your common sense. a. Nonprofit charitable, educational and religious groups are not in the business of buying cars and selling them for a profit. They are nonprofit organizations. 

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