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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.
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.
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.
Partnerships and S corporations. The partnership or S corporation must give a completed copy of Form 8283 (Section A or Section B) to each partner or shareholder receiving an allocation of the contribution deduction shown in Section A or Section B of the Form 8283 of the partnership or S corporation.
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.
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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.
Generally, you can either print out Form 8283 and mail a paper copy to the IRS or file it electronically.
Yes, a donor must obtain a qualified appraisal by a qualified appraiser for all gifts of non-cash property worth over $5,000, and must attach an appraisal summary to his or her tax return (Form 8283). The rules also apply to valuations of gifts for both income tax and gift and estate tax purposes.
Appraisal Summary If the value of the donated property exceeds $5,000, the donor must get a qualified appraisal for contributions of property (other than money or publicly traded securities).
For contributions of cash, check, or other monetary gift (regardless of amount), you must maintain a record of the contribution: a bank record or a written communication from the qualified organization containing the name of the organization, the amount, and the date of the contribution.

form 8283 irs