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Tax Credit Extended for Donated Vehicles

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LANSING -- Governor Jennifer Granholm has signed legislation that extends tax credits for individuals or couples who donate vehicles to nonprofit groups.  Area charity organizations are ecstatic about the extension, which would give a state taxpayer a 50 dollar credit for an individual or one-hundred dollar credit to a married couple filing jointly.

Federal tax credits are available as well.  The organizations use the cars to train people to fix them or sell them at a low cost to the underprivileged.

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