CAR DONATIONS

 

STARTING IN 2005 CAR DONATIONS WILL BE REPORTED ON FORM 1098-C. GENERALLY, THE AMOUNT OF THE DEDUCTION WILL BE LIMITED TO WHAT THE CHARITY SELLS THE VEHICLE FOR. THE CHARITY SHOULD SEND FORM 1098-C WITHIN 30 DAYS OF SELLING THE CAR.

NOTE: FORM 1098-C MUST BE ATTACHED TO YOUR RETURN TO CLAIM THE DEDUCTION EITHER ON PAPER OR ELECTRONICALLY .