Exceltemplates.org – Donation receipt provides you with evidence that you, as a donor, has donated a particular item or a particular amount of money to your recipient. After the receipt has been filled and signed by both you and your recipient, you can use it as a reliable document to get the tax reduction reward. Donation receipt is therefore necessary in every donation transaction.
Remember that donation is expected to be beneficial not only for the recipient, but also for the donor. When you have a car that you don’t use anymore, you may prefer to sell it rather than donate it if donation doesn’t give you anything good. Fortunately, the IRS will provide you with tax reduction bonus whose value is in accordance with your car if you are willing to donate that car to any organizations that have been registered for tax exempt status. This tax reduction bonus will certainly encourage you to donate your car, especially because selling a car is not necessarily an easy thing to do. You will certainly hesitate to spend your money to repair your car before you try to sell it, especially if you don’t really know how much your car will be valued at the market.
In order to be eligible to receive the tax reduction bonus, you should have a document that proves that you have donated your car. A donation receipt is made because you need that proof. You can always use Microsoft Excel to create the receipt; however, it is recommended that you use a template instead because the template has provided you with everything necessary to make the receipt. It is a quick solution if you don’t want to spend money for printing companies. You only have to fill every empty field in the receipt and print it. After you print it, meet your recipient and have the receipt signed by both you and your recipient.