I donated my car 3 months ago and the ppl who took it i knew them by searching online ,,,donate4kids after calling them many many time to get a receipt they sent me a crappy paper ....doesnt look like an official form ,,
I don't know if i should go and suw them for this?
Or is this is normal to just get a peice of paper and not f1098 form?
please advice!
2007-03-24 15:06:44 · 4 answers · asked by bondo2 1 in Cars & Transportation ➔ Buying & Selling
To be honest with you, they sound a little shaky. I see that their website says "tax deductible receipt" and says they're a 501(c)3 registered organization, but I don't find them listed on guidestar.com, which is kind of the bible for listing registered non-profits, and don't find it on the online search of IRS publication 78 (see http://apps.irs.gov/app/pub78), under either Donate For Kids or donate4kids. And their website says you get a free vacation along with your donation of your car - by tax law, if you get anything in return for a donation, you have to subtract its value from the value of the donation. Also, it doesn't sound like they followed the IRS rules with the "receipt" they gave you. I'm also a little suspicious of the "email us - phone system is down" statement on their website.
Maybe it's legit and I'm just being overly suspicious, but there are a lot of red flags here. You could call the IRS and ask them if this is a registered charity, maybe it just isn't showing on the IRS website's online search.
By the way, you might get more answers to this if you posted it under the taxes category.
2007-03-24 18:29:18 · answer #1 · answered by Judy 7 · 1⤊ 0⤋
According to http://www.onlinecardonation.org/, the 1098c is provided when vehicles are sold for more than $500. Anything less than $500, you do not file a 1098c, the organizations donation receipt will suffice.
2014-03-18 09:55:32 · answer #2 · answered by Julianne 1 · 0⤊ 0⤋
It does not sound Legal and the IRS will require a 1098 or some type of Official Receipt. I think you have been taken.
2007-03-31 15:16:09 · answer #3 · answered by donna_honeycutt47 6 · 0⤊ 0⤋
My mantra is "Sharing Makes Us Happier!" yet in case you have not adequate to repay the stability you may could deliberate to sell the vehicle to a broking, repay your stability and donate the remainder money. thank you for helping others! Tarsha that's first rate: Sharing Makes Us Happier!
2016-12-19 13:17:09 · answer #4 · answered by ? 4 · 0⤊ 0⤋