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posted Mar 27, 2024 3:14:57 PM

Donation question

My father inherited 2 cemetery plots from my grandfather. He donated them to charity.

The cemetery used fair market value to determine his donation amount.

i know he meeds to file Form 8283 but does he need an appraiser’s signature since one wasnt used?

 

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1 Replies
Expert Alumni
Mar 28, 2024 9:21:07 AM

Per IRS: If the value of the donated property exceeds $5,000, the donor must get a qualified appraisal for contributions of property (other than money or publicly traded securities). 

 

For more information, check: irs.gov