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Posted: 3:48 PM Dec 28, 2009
Tax breaks for Clunkers
Governor signs extension of tax credit on vehicles donated to charities.
Reporter: Associated Press |
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Michigan motorists who donate vehicles to charities can continue claiming a state tax credit.
Gov. Jennifer Granholm on Monday announced the signing of an extension of a state law that otherwise would have expired at the end of this tax year.
Taxpayers may continue claiming a state income tax credit of up to $50 for single filers and up to $100 for married couples filing a joint return.
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