Form 1098-C - Contributions Of Motor Vehicles, Boats, And Airplanes - 2014 Page 5
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7Instructions for Donor
Caution. You must attach Copy B of Form 1098-C to
Box 5a. This box is required to be checked by the
your income tax return in order to take a deduction for
charity to certify that the donated vehicle will not be
the contribution of a qualified vehicle with a claimed
sold before completion of a significant intervening use
value of more than $500. (If you e-file your return, you
or material improvement by the charity. If the box is
must (a) attach Copy B of Form 1098-C to Form 8453
checked, you generally can take a deduction equal to
and mail the forms to the IRS or (b) include Form
the vehicle’s FMV on the date of the contribution.
However, if that value was more than your cost or other
1098-C as a PDF attachment if your software program
basis, see Pub. 526.
permits.) If you do not attach Copy B of Form 1098-C to
your return (or to Form 8453) when required, the IRS will
Box 5b. This box is required to be checked by the
disallow your deduction. Generally, you also must
charity to certify that the donated vehicle is to be
attach Form 8283, Noncash Charitable Contributions, if
transferred to a needy individual in direct furtherance of
the amount you deduct for all noncash gifts is more
the donee’s charitable purpose of relieving the poor and
than $500. See the Instructions for Form 8283 for
distressed or underprivileged who are in need of a
exceptions.
means of transportation. If this box is checked, you
You received Form 1098-C because you donated a
generally can take a deduction equal to the vehicle’s
motor vehicle, boat, or airplane (“donated vehicle”) to
FMV on the date of the contribution. However, if that
the charity shown on the front of this form. Generally,
value was more than your cost or other basis, see Pub.
the charity must furnish this form to you no later than 30
526.
days after the date it sold the donated vehicle (if box 4a
Box 6b. Shows a good faith estimate by the charity of
is checked), or 30 days after the date of the contribution
the value of any goods and services provided to you for
(if box 5a or 5b is checked). If none of these boxes is
the donated vehicle. Generally, the amount of your
checked, you must obtain this form by the due date
charitable contribution is reduced by the value of the
(including extensions) of your tax return for the year of
goods and services provided. However, see the
the contribution (or, if earlier, the date you file that
instructions for box 6c below. Also, see Contributions
return).
From Which You Benefit in Pub. 526.
Box 1. Shows the date the charity received the
Box 6c. This box is required to be checked by the
donated vehicle.
charity if the goods and services consisted solely of
Boxes 2a-2d. Shows the vehicle odometer mileage
intangible religious benefits. If checked, you do not have
reading (motor vehicles only), make, model, and year of
to reduce the amount of your charitable contribution by
the donated vehicle.
the value of such benefits. An intangible religious benefit
means a benefit that generally is not sold in a
Box 3. Shows the vehicle identification number (VIN) for
commercial transaction, such as admission to a
a motor vehicle, the hull identification number for a
religious ceremony.
boat, or the aircraft identification number for an airplane.
Box 7. If this box is checked, your deduction in most
Box 4a. This box is required to be checked by the
cases equals the smaller of $500 or the donated
charity to certify that the donated vehicle was sold for
vehicle’s FMV on the date of the contribution. However,
more than $500 to an unrelated party in an arm’s length
if that value was more than your cost or other basis, see
transaction.
Pub. 526.
Box 4c. Shows the gross proceeds the charity received
Future developments. For the latest information about
from the sale of the donated vehicle. If box 4a is
developments related to Form 1098-C and its
checked, you generally can take a deduction equal to
instructions, such as legislation enacted after they were
the smaller of the amount in box 4c or the vehicle’s fair
published, go to
market value (FMV) on the date of the contribution.
However, if that value was more than your cost or other
basis, see Pub. 526, Charitable Contributions.
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