694401
You'll need to sign in or create an account to connect with an expert.
The charity will send you a Form 1098-C showing how much they sold the vehicle for. That's the amount you can claim as a donation. You have to attach one copy of the Form 1098-C to your tax return if you file by mail, or send it to the IRS with a transmittal form if you e-file. See IRS Publication 526 for details about donating a vehicle. You can read the relevant section of Pub. 526 online at the following link.
https://www.irs.gov/publications/p526#en_US_2016_publink1000229709
The charity will send you a Form 1098-C showing how much they sold the vehicle for. That's the amount you can claim as a donation. You have to attach one copy of the Form 1098-C to your tax return if you file by mail, or send it to the IRS with a transmittal form if you e-file. See IRS Publication 526 for details about donating a vehicle. You can read the relevant section of Pub. 526 online at the following link.
https://www.irs.gov/publications/p526#en_US_2016_publink1000229709
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
allgrins
New Member
cindy-kubinsky
New Member
richkatgrubbs
Level 1
redhawklady
Returning Member
ConfusedinArizona
New Member