Thanks for your reply. I'm still confused as to where on Form 8283 I put these additional expenses. I'm using Sec. B of 8283 since the appraised value of the boat was greater than $5000. The appraiser inserted the value in Section B, Part 1, Para. 5, Line A, Col. (c) Appraised fair market value. Where exactly do I put the "total deduction on one line" as you suggested?
Thanks again.
Jim
