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Form 1098-C for Detroit Michigan: What You Should Know

Tax Forms — Federal A done organization must file for each contribution of a qualified vehicle that has a claimed value of more than 500 (even if the total value is less than 500). Form 1120S — Vehicle Donation In Michigan, Form 1098-C will be sent to donors of: Vehicles to the United Way, Inc. for use in the development of programs for disadvantaged children. Bicycles to Michigan Bike Works for use in the development of programs for disadvantaged children and senior citizens. Bicycles used in a business to which the business qualifies for a tax deduction. A car donation program is an organization that organizes and/or encourages the giving of a car from its members, for the benefit of the organization. The cars donated by individuals are taxed and must be reported on the donor's individual income tax return. In some cases, a charity may be a done non-profit or partnership, and it cannot accept a donation of qualified cars, boats, and airplanes (even if your total value of the cars is less than 500).

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