I have yet to try to file my TT taxes. I have the downloaded version of TT. I am using the part of 8283 that does not require a signature (i.e. public stocks given to charity). Do I have an option to e-file with this? In other words, does TT give us the option to say "no signature required"?
Thanks for your help!
I have e-filed with it for many years (for donated Mutual Funds), without the signature in the E-filed form.
Of course, you still have to store the 8283 in your yearly paper tax folder in case the IRS decides to review your taxes, and may want a copy at that time. But I've e- filed with the generated TTX 8283 for more than 10years with no questions.
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You just enter it as a charitable contribution, indicate the charity (or Donor advised fund) and indicate it was stock that was donated......the value of the donation (which the charity sends you), the cost basis of the donation, and then TTX creates a form 8283, just for e-file purposes...
[Edited later} But see the conversation below about TTX "Online" seeming to require it, and even paper/mail filing, even for Stock/MutualFund/Securities in Section A Part I.
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Though, a note from my Fidelity Charitable 8283 says:
"Please note that IRS Form 8283 is not required to be signed by a Fidelity Charitable® representative
unless Section B, Part I is applicable to your filing."
....and the stock donations I make are always in Section A Part I...as should yours, at least for stock/mutual fund donantions....but depending on the charity, they may send you a signed 8283 anyhow.
{MODS} Turbotax is messed up.
this is what Desktop Deluxe says when an appraisal is needed
You must have a signed appraisal for the donation you made to charity X on xx/xx/xxxx and a signed donee acknowledgment for it.
you can e-file this return however you must mail the appraisal with form 8453 which you can be found with your forms
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However, Turbotax refuses to e-file when you select final review from the tools tab because it points out 2 errors about this contribution even after completing all the required information
"you have an entry on form 8283 Declaration of Appraiser which requires an appraiser's signature, electronic attachment is not supported. Print this return and file by mail"
the second error is for the lack of donee signature
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these errors do not pop up when you go through final review in step mode - no errors are found which is correct since the 8453 is prepared.
Interesting....I won't be filing mine for another month or so.
Certainly, on Desktop Premier (Windows), it lets me go thru all the Federal Review and error checks OK
Then after the state section there is a final Review, Analysis, Check and Summary
............(though it seems to lock up with a Not Responding, at the end of the final Summary pages when hitting "Continue" before the actual filing steps....after refusing all the Live Tax Advice/Audit add-ons).
But nothing yet, on an error with my 8283...of course, maybe that will show up if I actually try to File it...sometime next Month.
If a signature is required, Turbotax will not e-file. (However, a signature is not always required, for example with non-cash donations that do not require an appraisal.)
This is a change from prior years. In the past, Turbotax would e-file the rest of the return, print out a form 8453, and tell the customer to mail the signed original 8283 along with the signed 8453 within 3 days of e-filing. (This is one of the situations allowed on form 8453.) However for this year, Turbotax does not support e-filing at all.
I'm hoping it's just the "Online" software screwed up for situations where signatures are not required (since I'm using Desktop).......and that they'll review it again and change/fix that, to allow the 8283 thru for just the Securities/Stock in Section A, Part I.
But that really needs changing for all the Online folks (And desktop if I just haven't hit it yet)
I can't see mail filing from now on.... if no signature is required for that securities/stock donations situation.
I'm wondering if stopping e-filing, in cases where a signature is actually required, whether that was a TTX decision, or whether the IRS asked them to stop doing so because of far too many failures of people not sending in the signed 8283 copy.
Though I can't see the IRS really wanting a few hundred thousand (million??) mailed in full tax returns for their manual entry folks to deal with.
Interesting. I'm still a few months away from filing (I've already done my estimate and filed the extension since I know of several K-1 that I won't be getting until early summer). I also saw the "You can e-file this return, however you must mail the appraisal with Form 8453 which can be found with your forms when you finish your return". I generated an all-forms-needed-for-filing pdf and I did not find a form 8453 for the fed (although there is a 8453-OL for state). Looks like I will not be e-filing this year (again) but just printing out the whole tax form and mailing it in.
Not sure of your exact situation but I just want to clarify that I found out that if you are contributing public stock to charity and report with 8283, no signature is required (at least with desktop deluxe version) so e-file works just fine. I had not issues this year with e-file.