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Deductions & credits
Hi JulieS:
I believe that your reply is incorrect and is not responsive to the problem that JohnsFam described.
His (and my) situation is that the car is donated to a school and the school uses the car to train students in car repair. To quote from the IRS instructions for Form 1098-C, "For this purpose, use includes providing transportation on a regular basis for a significant period of time or significant use directly relating to training in vehicle repair."
If I understand your reply, you suggest stating that the vehicle will be passed on to a needy individual. This would require 1098-C box 5b to be checked, which would be wrong.
This looks to me like a bug in TurboTax. Either explain it better or please get TurboTax to fix the bug.
Thanks
‎February 15, 2020
1:32 PM