Can I claim a 2008 tax deduction for a car that I donated in 2007?

I had the charity letter stored away and completely forgot about it when filing my 2007 return. Is it too late?

The value of the donation is $500.

No, the only way to claim it is to amend your 2007 return. For a $500 deduction, if you're in a 15% bracket your tax savings would only be $75, so don't pay someone $100 to amend your return if you'll only get $75 by amending. And if you didn't itemize, you don't get anything anyway so just file it back away, or toss it out.

No. You would have to file an amended 2007 return.

no you must amend the 07 return