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Form 1098-C online Naperville Illinois: What You Should Know

Form 1098-C — IRS If a done organization has made a donation of a motor vehicle of greater value than 500 that is a charity gift, it must file an IRS Form 1098-C with the IRS, depending on whether the contribution was made through the done organization or by an individual, partnership, or corporation, if any. Form 1098-C — IRS If a done organization has made the contribution on an individual basis, it must file an IRS Form 1098-C with the IRS, depending on the gross amount of the contribution. Example use: If a car donation of less than 2,500 was made through done organization, the done organization must file an IRS Form 1098-C with the IRS, even though the contribution was made by an individual. If a car donation of greater than 2,500 was made by an individual, partnership, or corporation, they must file an IRS Form 1098-C with the IRS.

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