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clc7005
New Member

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

 
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15 Replies

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

Did you have the items appraised ?

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

Did you inherit these items?

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

Unfortunately, when you donate a single item or group of similar items with the value of more than $5000, you must have a signed appraisal from a qualified appraiser. You must also have a form 8283 for the charity donation signed by a  financially responsible representative of the charity acknowledging the receipt of the donation.  For any donation, including the smallest donation of personal property, you need your own list of the items in sufficient detail to allow you to determine the donation value. The list should typically include the purchase price, the date of purchase, and a description of the item in sufficient detail that allows you to determine a fair market value.  With inherited property, the value of your donation is the fair market value on the date of your mothers death, and you don't need to know her original purchase price, because your cost basis is also the fair market value on the date of her death.   But you still need some reasonable and legitimate way to determine what the fair market value was, and this will normally require a list of items with sufficient detail that you can determine the quality, condition, or otherwise determine the value. 

If you at least have a complete written inventory, then you will need to start by grouping the inventory items into "groups of similar items." This might be; household goods, furniture, clothing, jewelry, etc.   enter each group as a custom item listing in TurboTax claiming no more than $4999 per group. Desperately hope and pray that you do not get audited. 

 If you don't have a detailed physical inventory of the items, I have no idea what you are going to do to substantiate your charitable donation. 

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

Form 8283 (not 8332).
<a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/f8283.pdf">https://www.irs.gov/pub/irs-pdf/f8283.pdf</a>

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

Also, I have seen cases where family members cleaned out the decedent's home before probate was established. This caused problems, as they did not (yet) have the legal right to do so.

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

Fixed the form number.  All the rules are here <a rel="nofollow" target="_blank" href="https://www.irs.gov/forms-pubs/about-publication-526">https://www.irs.gov/forms-pubs/about-publicati...>
Jay55
New Member

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

You have to list each item separately.  That's way I don't use Its deductible.  In the main program you can get to a very limited items list and made custom made items and yes, it accumulates but doesn't save in the deduction charity name.  It use to be better than that.  I've wasted several hours with trial numbers to test.

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

What if you can’t get the furniture and belongings appraised due to Covid?  We also can’t get into the nursing home. We are having an approved mover to bring belongings to multiple charities and only have pictures but hope to get $5,000 donations for each charity. 

Carl
Level 15

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

As you can see, your chances are extremely high that that will come back and bite someone down the road. That's why I've always leaned on the side of an "estate sale" for situations such as yours. With an estate sale, all unwanted/unneeded items are sold by the estate, and any and all proceeds from the sale go to the estate. While it does have a tendancy to lengthen the probate process,  it does make it easier when making distributions to multiple heirs of the estate. Cash is much simpler to divvy up, than physical property is.

 

When items are donated, be it from the estate before the completion of probate or by the heir after they have legally acquired possession and probate is closed, it can be a lot more paperwork and a lot more expense involved in providing the necessary documentation trail to justify the value of those items donated.  Without that proof, should one be audied on it there is the possibility that the IRS will reduce the value allowed, and in some cases eliminate it completely.

I would suggest that if it's not to late, reschedule the pickup for a later date. Then either hold an estate sale, or do the paperwork and legwork necessary to justify the value of what gets donated.  Either way, you can expect some expense to be incurred to do that. If the items have not yet been legally transferred to heirs from the estate, then the estate can pay those expenses. Otherwise, the new legal owner of the property to be donated, incurs the expense of proving value, if any.

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

The rules are the rules.  There aren’t any exceptions for the pandemic.  If you want to claim a value over $5000, you need a signed appraisal by a qualified appraiser, and you need to have the form 8283 signed by both the appraiser and a financially responsible representative of the charity.

 

You may be able to find an appraiser who will work from detailed photographs.  Additionally, If you have personal items that are potentially contaminated with the coronavirus, the virus becomes inactivated over a period of time due to exposure to normal heat and humidity, from between several hours to several days, depending on the type of material. If you were to place the items in storage for two weeks, you would then be able to take them out of storage and have have them appraised without any risk.

 

You could also sell the items yourself or at an estate sale, and then donate the resulting cash.

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

Thanks for your information. This is more complicated in that the apartment is in Florida and I am in Maryland. We can’t get into apartment and can’t get to Florida. The apartment needs to be cleaned out this week. I was going to make detailed listing of the belongings and we have pictures. The estate can’t take deduction on 1041 because there was no specific instructions in trust documentation noting what to do with belongings. The estate is divided 50-50 and only one sibling itemized deductions. I was hoping to be able to deduct the fmv for each charity even though the total for all charities would be greater than $5000?

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

The answer is the same as for the person who started this thread originally.  You can’t take any deduction more than $5000 for any single item or “group of similar items” without an appraisal.  To claim more than $4999, you would have to divide the items into different groups (maybe furniture, clothing and jewelry would be different groups) and hope you aren’t audited.  

Also note, if the only proof of your donation that you have is your handwritten list, and a blank or boilerplate or generic receipt from the organization, that may not be even enough to sustain the $5000 deduction if you are audited. The IRS may feel there is no proof that you donated the actual items on the list to the actual charity.  You should try and get a representative from the charity to sign your actual list acknowledging that you donated those specific items. The charity will usually not attest as to value, but the extra signature will help prove you actually donated the items.

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.


@ron6612 wrote:

We are having an approved mover


If there is an approved mover, there may be an approved appraiser available.  Or you may be able to find an appraiser that can work with the mover to appraise things as they are being moved.

Anonymous
Not applicable

How would I log in a "whole House" donation? My mom died and I donated hundreds of items from her home. Lots of expensive furniture included.

you may want to read this case in which there was a failure to attach the required appraisal

https://www.marcumllp.com/insights/taxpayers-denied-charitable-contribution-after-failing-to-attach-... 

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