Get Internal Revenue Service For 8283

Filling Out Your Tax Forms: Form 8283 The name and the address of the organization you donated to. Description of the donated property (the number of shares and the name of the company). Date of contribution. The fair market value of the property (market value). The method used to determine the fair market value.

For noncash donations over $5,000, the donor must attach Form 8283 to the tax return to support the charitable deduction. The donee must sign Part IV of Section B, Form 8283 unless publicly traded securities are donated.

Exceptions. Art valued at $20,000 or more. Clothing and household items not in good used condition. Easements on buildings in historic districts.

If you are claiming a deduction of more than $500,000 for an item (or group of similar items) donated to one or more donees, you must attach the qualified appraisal of the property to your Form 8283 unless an exception applies.

Generally, you can either print out Form 8283 and mail a paper copy to the IRS or file it electronically.

Individuals, partnerships, and corporations file Form 8283 to report information about noncash charitable contributions when the amount of their deduction for all noncash gifts is more than $500.

Form 8283 is filed by individuals, partnerships, and corporations. C corporations. C corporations, other than personal service corporations and closely held corporations, must file Form 8283 only if the amount claimed as a deduction is more than $5,000 per item or group of similar items.

Form 8283 is filed by individuals, partnerships, and corporations. C corporations. C corporations, other than personal service corporations and closely held corporations, must file Form 8283 only if the amount claimed as a deduction is more than $5,000 per item or group of similar items.