No, Form 8283 is still required. You are correct. To confirm if Form 8283 is in your return, I suggest checking your downloaded PDF.
To get the download, here are the steps:
- From the left menu, select Tax Tools>
- Print Center>
- Print, save or preview this year's return
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For donor advised funds do not identify the contribution as stock, but as an item if you retained any control or attached conditions to the donations. Instead of entering the stock as stock, select Items in the interview to provide additional details.
To access your charitable donations area, follow these steps:
- Once the left menu is there, select Federal
- Donations & Credits
- Donations to Charity in 2019
- Add another charity
- Items click Add
- I'll value them and follow through the rest of the questions
To delete a prior entry, the steps are below:
- Once the left menu is there, select Federal
- Donations & Credits
- Donations to Charity in 2019
- At Review All Your Charities, click the Trash Can Icon next to the Charity to delete the entry
Click the link for IRS Publication 526 Charitable Contributions beginning on page 12 for Capital Gain Property that has increased in value.
Other scenarios where a Form 8283 would not be required even though a noncash donation was made, may apply to you in the future, but do not appear to apply regarding your Charitable Account donation currently.
- In the case of a qualified charitable distributions from IRAs, there is no deduction as a donation, but zero tax on the distribution.
- And in the event that the itemized deductions were less than the standard deduction, there would be no Form 8283.
