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Tax-time query!
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(Mods please delete if this goes against the rules!)

I donated a car to a NFP last financial year that auctions them to support youth homelessness. I have a receipt to show it was sold for about 1/10th of it's market value.

When completing my return, can I claim what it was sold for, the market value, or the difference?

TIA!

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5 years ago