**The information below has not been verified for the 2020 tax year as the IRS Form 1098-C instructions have not yet been released by the IRS.**
If you donate a qualified vehicle to a qualified organization, you must send the IRS Form 1098-C Contributions of Motor Vehicles, Boats, and Airplanes.
Per IRS Instructions for Form 1098-C Contributions of Motor Vehicles, Boats, and Airplanes, on page 1:
Who Must File
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.
If you e-file your return, you must:
If you don't attach Form 1098-C (or other statement), you can't deduct your contribution.
You must get Form 1098-C (or other statement) within 30 days of the sale of the vehicle. But if exception 1 or 2 (described later) applies, you must get Form 1098-C (or other statement) within 30 days of your donation.
If you need to submit supporting documentation and would like to electronically file your return, you must mail the documents to the IRS along with Form 8453.
To enter the information from Form 1098-C in the TaxAct program:
If you provide information for the contribution of a vehicle, you will be prompted to print Form 8453 in the filing steps. Attach the supporting documentation to Form 8453 and mail this information to the IRS, as directed in the Federal Electronic Filing Instructions (which can be viewed or printed later in the e-file screens).
Form 8453 and the required forms or supporting documents must be mailed to the IRS within three business days after receiving acknowledgement that your return was accepted. An electronically transmitted return will not be considered complete until a Form 8453 is received by the IRS.
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.