Community
:
Discussions
:
Taxes
:
Deductions & credits
:
Re: I purchased a land in August 2023, and decided to to donate the lot to a charity two month later.Can I get a tax deduction for the FMV of the land with form 8283 ?
Mike9241
Level 15
Mark as New
Bookmark
Subscribe
Subscribe to RSS Feed
Permalink
Print
Report Inappropriate Content
Deductions & credits
if held less than long-term your deduction is the lesser of your cost or Fair market value.
‎October 7, 2023
6:04 PM
