Skip to main content
April 19, 2023
Question

Hi there, where can I add the form 1098-C. TurboTax is not giving me an option

  • April 19, 2023
  • 1 reply
  • 0 views
No text available

1 reply

April 19, 2023

If you donated a vehicle, boat, or airplane to a charitable organization, you should receive Form 1098-C from the charity within 30 days of the date they sold it (or 30 days from when you gave it to them, if the charity is keeping it for themselves).

 

The allowable deduction is the gross proceeds amount (box 4c) if the charity sold the donation; otherwise it would be its fair market value.

 

Here's the Steps to Enter Form 1098-C.

 

@milagrosc2010