Form 8283 (Rev December 2023) Noncash Charitable Contributions-2025

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  1. Click 'Get Form' to open it in the editor.
  2. Begin by entering your identifying number and the name(s) shown on your income tax return at the top of the form. If applicable, check the box for family pass-through entities.
  3. In Section A, list donated property valued at $5,000 or less. Fill in details such as the donee organization’s name and address, description of the property, date of contribution, and fair market value.
  4. For donations over $5,000, complete Section B. Provide a detailed description of each item and ensure you have a qualified appraisal if required.
  5. Complete Parts II through V as necessary, including any restrictions on use or partial interests in donated properties.
  6. Once completed, you can print, download, or share your form directly from our platform.

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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.
$500 to $5,000: A non-cash donation over $500 in value will also require a written acknowledgment of your donation and a record of how and when the items were acquired and their adjusted basis.
For noncash contributions over $500, donors must complete IRS Form 8283 and attach it to their tax return. If the donation exceeds $5,000, an independent appraisal is generally required to substantiate the deduction.
Form 8282 is a tax document utilized by organizations, both original and successor, that receive non-cash charitable donations valued over $5,000, excluding publicly traded securities. It is essentially used to report the sale, exchange, or disposition of such donated properties to both the IRS and the donors.
The accepted way to record in-kind donations is to set up a separate revenue account but the expense side of the transaction should be recorded in its functional expense account. For example, revenue would be recorded as Gifts In-Kind Services, and the expense would be recorded as Professional Services.

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The cost basis for non-cash charitable contributions refers to the original value of the donated property at the time of acquisition by the donor. It is typically used to determine the amount of the charitable contribution and any potential tax benefits associated with the donation.
For any contribution of $250 or more (including contributions of cash or property), you must obtain and keep in your records a contemporaneous written acknowledgment from the qualified organization indicating the amount of the cash and a description of any property other than cash contributed.

charitable contribution deduction limit