Charitable organizations are required
to send an acknowledgement of car donations to the donor and to the
Service. The purpose of is to prevent donors from taking
inappropriate deductions.
US Code:
26 USC 170(f)(12) Name of Law: Contributions used for motor
vehicles, boats, and airplanes
US Code: 26
USC 6720 Name of Law: Fraudulent acknowledgements with respect
to donations of motor vehicles, boats, and airplanes.
This notice provides
information on where to file a completed Form 1098-C, Contributions
of Motor Vehicles, Boats, and Airplanes, an information form used
by a donee organization to report a contribution of a qualified
vehicle with a claimed value of more than $500, for calendar years
ending on or after December 31, 2008. This notice changes where to
file a completed Form I098-C as described in Section 3 of Notice
2006-1,2006-1 CB. 347. Based on updated time estimates Notice
2007-70 modifies Notice 2006-01 and results in a net increase of
430 hours.
$0
No
No
Uncollected
Uncollected
No
Uncollected
Sean Barnett 2022838912
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.