Many thanks for your very detailed response!
Because of your comments pertaining to a qualified appraiser, if I decide to break up my contributions to $5,000 or less, I suppose this would have to be agreed upon by the donee as well. The donee would have to sign Form 8283 for 2024, and then again for 2025, would it not? However, if I limit the contribution to $5,000, I do not have to obtain an appraisal of the items, if I understand you correctly.
I have the donated items broken down in an Excel spreadsheet. If I follow the $5,000 or less route, do I still have to provide that to the IRS as a mail-in? The form gets saved by TT as a worksheet, but it is not e-filed, if I read the instructions correctly. Can the tax return then be e-filed, and the listing of items be mailed in separately?
Again, thanks for your assistance.
