turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

KAT09
New Member

I made a Vehicle Donation in November 2016.

I donated my vehicle in November of this year. I haven't received the 1098-C from the charity. Say the vehicle is sold at auction in 2017 and the charity sends me the 1098-C thereafter. I read that I would have to claim the deduction on my 2016 taxes because the contribution occurred in 2016, even if the sale of the vehicle doesn't take place until 2017. True?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I made a Vehicle Donation in November 2016.

True. If the charity is going to sell the car it usually happens fairly quickly so you should have the 1098-C from the charity well before the 2016 filing deadline. So just be patient ... you have time to wait since the Sch A will not be ready until sometime mid January ....


No returns will be accepted by TT  for efiling before 1/2/17 (or later) and the IRS will not start processing returns until 1/23/17  so come back in Jan to complete the return but don’t be in a rush. If you do efile before the IRS starts to officially process returns on the 23rd your return will sit in a holding pool from which you cannot get your return back to change anything for any reason. It will be stuck there until the IRS either accepts or rejects the return. If the IRS accepts the return you will need to amend it which can take 16+ weeks to process.

The program should list the forms that are not yet ready and give you the chance to sign up for an email alert when they are ready. Here is the availability charts to watch :

Availability chart for the 2016 PERSONAL programs:

https://ttlc.intuit.com/questions/1908854-forms-availability-table-for-turbotax-federal-products-exc...

Availability chart for the 2016 State programs for the Personal returns:

https://ttlc.intuit.com/questions/1908857-forms-availability-table-for-turbotax-state-except-busines...

IRS start date announced : https://www.irs.gov/uac/2017-tax-filing-season-begins-jan-23-for-nations-taxpayers-with-tax-returns-...

IRS warns of refund delays for some filers : https://www.irs.gov/individuals/refund-timing

IRS will not issue PINs this year ... you must have your 2015 AGI or self selected PIN to efile a return via a self prepared program: https://www.irs.gov/individuals/electronic-filing-pin-request


View solution in original post

2 Replies

I made a Vehicle Donation in November 2016.

True. If the charity is going to sell the car it usually happens fairly quickly so you should have the 1098-C from the charity well before the 2016 filing deadline. So just be patient ... you have time to wait since the Sch A will not be ready until sometime mid January ....


No returns will be accepted by TT  for efiling before 1/2/17 (or later) and the IRS will not start processing returns until 1/23/17  so come back in Jan to complete the return but don’t be in a rush. If you do efile before the IRS starts to officially process returns on the 23rd your return will sit in a holding pool from which you cannot get your return back to change anything for any reason. It will be stuck there until the IRS either accepts or rejects the return. If the IRS accepts the return you will need to amend it which can take 16+ weeks to process.

The program should list the forms that are not yet ready and give you the chance to sign up for an email alert when they are ready. Here is the availability charts to watch :

Availability chart for the 2016 PERSONAL programs:

https://ttlc.intuit.com/questions/1908854-forms-availability-table-for-turbotax-federal-products-exc...

Availability chart for the 2016 State programs for the Personal returns:

https://ttlc.intuit.com/questions/1908857-forms-availability-table-for-turbotax-state-except-busines...

IRS start date announced : https://www.irs.gov/uac/2017-tax-filing-season-begins-jan-23-for-nations-taxpayers-with-tax-returns-...

IRS warns of refund delays for some filers : https://www.irs.gov/individuals/refund-timing

IRS will not issue PINs this year ... you must have your 2015 AGI or self selected PIN to efile a return via a self prepared program: https://www.irs.gov/individuals/electronic-filing-pin-request


KAT09
New Member

I made a Vehicle Donation in November 2016.

Thank you @Critter#2 ! Definitely helpful!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies