1098-C
Form 1098-C is used to report contributions of motor vehicles, boats, and airplanes to charitable organizations.
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Easy Filing
We've made it easy to use to file your 1098-C forms through Yearli. Simply create a Yearli account, enter or import your data, review, update and validate your data, then checkout. It's that easy. We'll file your forms to the IRS, applicable state agency and send copies to your recipients.
1098-C Filing Deadline
What is a 1098-C?
Form 1098-C is used to report contributions of motor vehicles, boats, and airplanes to charitable organizations.
Why do I file 1098-C?
The IRS requires that all income and deductible expenses are reported by businesses and individuals or penalties could apply.
Who needs to file 1098-C?
A donee organization must file a separate Form 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes, with the IRS for each contribution of a qualified vehicle that has a claimed value of more than $500. A qualified vehicle is any motor vehicle manufactured primarily for use on public streets, roads, and highways; a boat; or an airplane. However, property held by the donor primarily for sale to customers, such as inventory of a car dealer, is not a qualified vehicle. See the official IRS instructions.
What to report
Information regarding a donated motor vehicle, boat, or airplane.
Amount to report
Each sale of a donated vehicle that has gross proceeds of $500 or more.
Supported 1098 Forms
We've made it easy to use to file your 1098 forms through Yearli. Simply create a Yearli account, enter or import your data, review, update and validate your data, then checkout. It's that easy. We'll file your forms to the IRS, applicable state agency and send copies to your recipients.
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