Instructions for IRS Form 1098-C Contributions of Motor Vehicles, Boats, and Airplanes

IRS Form 1098-C Contributions of Motor Vehicles, Boats, and Airplanes

This document contains official instructions for IRS Form 1098-C , Contributions of Motor Vehicles, Boats, and Airplanes - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 1098-C is available for download through this link.

FAQ

Q: What is IRS Form 1098-C?
A: IRS Form 1098-C is a form used to report contributions of motor vehicles, boats, and airplanes to charitable organizations.

Q: Who should file IRS Form 1098-C?
A: If you donated a motor vehicle, boat, or airplane to a charitable organization and received a qualified acknowledgement in return, you should file IRS Form 1098-C.

Q: What information is required on IRS Form 1098-C?
A: IRS Form 1098-C requires information about the donor, the charitable organization, and details about the contributed vehicle, boat, or airplane.

Q: When is the deadline to file IRS Form 1098-C?
A: IRS Form 1098-C should be filed by the 28th day of the month following the month of the contribution.

Q: Are there any exceptions or special rules for filing IRS Form 1098-C?
A: Yes, there are exceptions and special rules for filing IRS Form 1098-C. It is recommended to consult the instructions or a tax professional for guidance.