Form preview

IRS 1098-C 2019-2024 free printable template

Get Form
If you e-file your return you must a attach Copy B of Form 1098-C to Form 8453 and mail the forms to the IRS or b include Form 1098-C as a PDF attachment if your software program permits. Copy D For Donee To complete Form 1098-C use Certain Information Returns and the 2018 Instructions for Form To order these instructions and additional forms go to Due dates. For the latest information about developments related to Form 1098-C and its instructions such as legislation enacted after they were...
pdfFiller is not affiliated with IRS

Get, Create, Make and Sign

Edit
Edit your 1098 c 2019-2024 form form online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Add
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Share
Share your form instantly
Email, fax, or share your 1098 c 2019-2024 form form via URL. You can also download, print, or export forms to your preferred cloud storage service.

How to edit 1098 c online

9.5
Ease of Setup
pdfFiller User Ratings on G2
9.0
Ease of Use
pdfFiller User Ratings on G2
Use the instructions below to start using our professional PDF editor:
1
Set up an account. If you are a new user, click Start Free Trial and establish a profile.
2
Upload a file. Select Add New on your Dashboard and upload a file from your device or import it from the cloud, online, or internal mail. Then click Edit.
3
Edit form 1098 c. Rearrange and rotate pages, insert new and alter existing texts, add new objects, and take advantage of other helpful tools. Click Done to apply changes and return to your Dashboard. Go to the Documents tab to access merging, splitting, locking, or unlocking functions.
4
Get your file. Select your file from the documents list and pick your export method. You may save it as a PDF, email it, or upload it to the cloud.
With pdfFiller, it's always easy to work with documents. Try it!

IRS 1098-C Form Versions

Version
Form Popularity
Fillable & printabley
4.8 Satisfied (40 Votes)
4.4 Satisfied (95 Votes)
4.3 Satisfied (72 Votes)
4.4 Satisfied (139 Votes)
4.3 Satisfied (211 Votes)
4.2 Satisfied (45 Votes)
4.0 Satisfied (58 Votes)
4.3 Satisfied (30 Votes)
4.0 Satisfied (41 Votes)
4.0 Satisfied (54 Votes)

How to fill out 1098 c 2019-2024 form

Illustration

How to fill out 1098 c form:

01
Provide your personal information such as name, address, and taxpayer identification number.
02
Indicate whether you are an individual or an organization making the donation.
03
Enter the organization's name, address, and taxpayer identification number to which you made the donation.
04
Specify the date and description of the property donated.
05
Enter the fair market value of the property at the time of donation.
06
Provide any additional information required, such as the method used to determine the property's value.
07
Sign and date the form.

Who needs 1098 c form:

01
Individuals who made a charitable contribution of a qualified vehicle, boat, or airplane with a claimed value of more than $500.
02
Organizations receiving the donated property must also file this form.
03
This form is required for taxpayers who wish to claim a deduction for donating a vehicle, boat, or airplane to a qualified charitable organization.

What is form 1098C?

Form 1098-C is filed by a charitable organization to report a qualified vehicle that was donated to the organization and valued over $500. A qualified vehicle can be one of the following:

  • A car designed for use in the public streets, highways, and roads
  • A boat
  • An airplane

The form is filed to the IRS by the charitable organization and sent to the donor no less than 30 days after the donation was made. Donors need to include Copy B of form 1098-C with their tax returns to claim a deduction if the charitable organization valued and sold the vehicle for over $500.

Who should file form 1098C?

Any charitable organization that has accepted a qualified vehicle for its own use on a free-of-charge basis.

What information do you need when you file form 1098-C?

To fill out this form, you must complete the 1096 form. After that, you have to add the following information to the 1098-C form:

  • Charitable organization’s information and TIN
  • Donor’s information and TIN
  • Details of the contribution (date, mileage, year, make/model)
  • Value of property given by the donor
  • Date and gross proceeds of sale
  • Specification that value of the property is at least $500

Any failure in providing the information of the charitable organization or the donor may lead to varying penalties. You can find more detailed instructions on page 4 (for donors) and page 6 of the form (for charitable organizations or “donees”).

How do I fill out form 1098-C in 2024?

You can easily complete 1098-C online, and pdfFiller will send it via USPS for you. To fill out 1098-C, take the following steps:

  1. Click Get Form to open 1098-C in pdfFiller.
  2. Fill out and sign the form.
  3. Click Done.
  4. Click Send via USPS.
  5. Fill in mailing information.
  6. Select delivery terms.
  7. Click the Send button.

pdfFiller will print and deliver the form to the post office quickly.

Is form 1098-C accompanied by other forms?

The 1098-C tax form is filed with form 1096. It may also be accompanied by a 170(f)(8) application.

When is form 1098-C due?

The IRS form 1098-C must be filed by the charitable organization 30 days after the donation. A copy of it must be provided to the donor.

Where do I send form 1098-C?

The completed 1098-C form must be attached to the 1096 form and sent to the Department of the Treasury, Internal Revenue Service.

Video instructions and help with filling out and completing 1098 c

Instructions and Help about 1098 c form

So I have some bad news for you guys. If you have been taking advantage of education tax credits such as the American Opportunity Tax Credit or the Lifetime Learning credit, chances are you (or your tax preparer) have been calculating it all wrong. A few weeks ago, we posted a video on tax deductions for college students and in the comments we got a lot of questions about the 1098-T and how you use the 1098-T to calculate your tax credit. So this video is a follow-up to that video. So, if you haven’t seen that video, go watch that one first and come back to this one. It’s time to clear the air and learn how this is supposed to go. So here’s how a lot of people think the credit works. You put in the information from your 1098-T, subtracting your reported scholarships and grants in box 5 from the amount listed in either box 1 or box 2. That should give you the net amount of qualified expenses for which you can claim either the American Opportunity Tax Credit and/or Lifetime Learning Credit, right? WRONG. However, this is what a lot of tax preparers do and...

Fill irs form 1098 c : Try Risk Free

Rate free irs form 1098 c

4.8
Satisfied
40 Votes

People Also Ask about 1098 c

For pdfFiller’s FAQs

Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

The 1098-C form is typically used by charities to report contributions of motor vehicles, boats, or airplanes to individuals. The individual receiving the vehicle is the one who is required to file the 1098-C form.
1. Start by entering the name and address of the payer in Part I. 2. Enter your name and address in Part II. 3. In Part III, enter the amount of any contribution that was made to a qualified organization. 4. Enter the date of the contribution in Part IV. 5. In Part V, enter the total amount of all contributions made during the tax year. 6. In Part VI, enter the fair market value of the property that was contributed. 7. In Part VII, enter the name and address of the qualified organization that received the contribution. 8. In Part VIII, enter the name and address of the exchange facilitator, if applicable. 9. In Part IX, enter the total amount of all payments received during the tax year for the property that was contributed. 10. Sign and date the form in Part X.
If you do not file a 1098-C Form on time, the IRS may assess a penalty of up to $530 per form. The penalty is based on the amount of the reportable transaction.
The 1098-C form is used by charitable organizations to report the donation of a motor vehicle, boat, or airplane that has a claimed value of more than $500. It is provided to the donor of the vehicle and to the IRS, documenting the contribution and assisting in determining the donor’s tax deduction.
The purpose of the 1098-C form is to report donations of motor vehicles, boats, and airplanes to charities by the donor. It is used by the donor to claim a tax deduction for their charitable contribution, and also serves as documentation for the charity to report the sale of the donated property.
The information that must be reported on Form 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes, includes: 1. Donor information: The name, address, and taxpayer identification number (TIN) of the donor who contributed the motor vehicle, boat, or airplane. 2. Donee information: The name, address, and TIN of the organization that received the donated vehicle. 3. Vehicle information: The year, make, model, and vehicle identification number (VIN) of the donated motor vehicle, boat, or airplane. 4. Gross proceeds from the sale: The amount of gross proceeds received by the charitable organization from the sale of the donated vehicle. If the vehicle was not sold, an explanation must be provided. 5. Vehicle certification: The checkbox indicating whether the charitable organization provided the donor with a written acknowledgment certifying the intended use or improvement of the vehicle. 6. Donor acknowledgment: The checkbox indicating whether the donor received any goods or services in exchange for the donated vehicle. 7. Donor signature: The signature of the donor, acknowledging that the provided information is true and correct to the best of their knowledge. It's important to note that if the vehicle's claimed value exceeds $500, the donor must also submit Form 8283, Noncash Charitable Contributions, along with their tax return.
The deadline to file Form 1098-C for the 2023 tax year would typically be January 31, 2024. However, please note that tax deadlines can occasionally change or vary, so it's always advisable to consult the official IRS website or a tax professional for the most accurate and up-to-date information.
Using pdfFiller's Gmail add-on, you can edit, fill out, and sign your form 1098 c and other papers directly in your email. You may get it through Google Workspace Marketplace. Make better use of your time by handling your papers and eSignatures.
Easy online 1098 c completion using pdfFiller. Also, it allows you to legally eSign your form and change original PDF material. Create a free account and manage documents online.
You can easily do so with pdfFiller's apps for iOS and Android devices, which can be found at the Apple Store and the Google Play Store, respectively. You can use them to fill out PDFs. We have a website where you can get the app, but you can also get it there. When you install the app, log in, and start editing irs form 1098 c, you can start right away.

Fill out your 1098 c 2019-2024 form online with pdfFiller!

pdfFiller is an end-to-end solution for managing, creating, and editing documents and forms in the cloud. Save time and hassle by preparing your tax forms online.

Get started now
Form preview

Related to irs form 1098 c printable