Solved: Non cash charitable donations
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Non cash charitable donations

is there a form required for non cash donations?

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Level 1

Non cash charitable donations

Yes, there is tax form 8283 for non cash contributions exceeding value of $500. 

This is to ensure that the value reported is accurate. Non-cash items are valued at the fair market value on the date of the donation. 

For more information, follow this link: https://www.irs.gov/forms-pubs/about-form-8283

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2 Replies
Level 1

Non cash charitable donations

Yes, there is tax form 8283 for non cash contributions exceeding value of $500. 

This is to ensure that the value reported is accurate. Non-cash items are valued at the fair market value on the date of the donation. 

For more information, follow this link: https://www.irs.gov/forms-pubs/about-form-8283

View solution in original post

Returning Member

Non cash charitable donations

How do I enter a non-cash charitable deduction of over $500 in It's Deductible?

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