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How to use or fill out IRS Form 1098-C Instructions 2017 with DocHub
- Click ‘Get Form’ to open it in the editor.
- Begin by entering the 'Date of Contribution' in Box 1, which is the date you received the vehicle from the donor.
- Fill in Boxes 2a to 2d with the odometer mileage, year, make, and model of the vehicle. Ensure that mileage is only entered for motor vehicles.
- In Box 3, input the Vehicle Identification Number (VIN) for motor vehicles or appropriate identification numbers for boats and airplanes.
- Complete Boxes 4a through 6c based on whether the vehicle was sold, transferred to a needy individual, or if goods/services were provided in exchange. Follow specific instructions for each box carefully.
- If applicable, check Box 7 if the claimed value of the vehicle is $500 or less. This will exempt you from filing Copy A with the IRS.
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