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Retirement tax questions
@DatBio wrote:
I tried this in turbotax for $1250. Now turbotax instructs me to file my tax return along with the 1098 form. However, I don't have such form. All I have is a letter from the car charity stating the value of the auction and requesting us to send it my social security for this form. I don't want to give away my SS# and so I don't have such form.
Is there anyway in turbotax to state that I don't have 1098 but I have evident of the new donation value.
Sorry. To claim a donation value on a used vehicle of more than $500, it is mandatory that you get a form 1098-C from the donee organization certifying certain information, and include it with your tax return. (If you e-file, you must still mail the 1098-C to the IRS after your return is accepted.) And they need your name and SSN to issue the form.