Can I split non-cash donations made in one day so that the value of the items does not go over $500?
On 1 day, I donated over 500 books to a library, and ItsDeductible placed a value of $2000. If I split this into 4 donations, the value of each would only be $500.
01190
1 Replies
AmeliesUncle
Level 15
Jun 14, 2020 2:08:59 PM
No. And why? If the TOTAL value of ALL non-cash contributions for the entire YEAR are over $500, you need to enter the additional information (Form 8283).