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  • 2011 Form 8283

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Include this statement with your return. If the appraiser completes Part III of the December 2006 revision of Form 8283 this statement is included in Part III. See Form 8283 Section B Part III. Recapture of certain deductions. Part of the deduction for certain contributions of tangible personal property donated after September 1 2006 will be recaptured or the amount of the deduction limited if the recipient organization sells the property within .

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To deduct a charitable contribution, you must file Form 1040 and itemize deductions on Schedule A. If your total deduction for all non-cash contributions for the year is more than $500, you must complete and attach IRS Form 8283, Noncash Charitable Contributions, to your return.

Individuals, partnerships, and corporations file Form 8283 to report information about noncash charitable contributions when the amount of their deduction for all noncash gifts is more than $500.

Filling Out Your Tax Forms: Form 8283 The name and the address of the organization you donated to. Description of the donated property (the number of shares and the name of the company). Date of contribution. The fair market value of the property (market value). The method used to determine the fair market value.

Assuming there is an active market for the contributed stock, the fair market value of each share or bond is the average price between the highest and lowest quoted selling prices on the valuation date. For example, if the highest selling price for a share was $11, and the lowest $9, the average price is $10.

Go to .irs.gov/Form8283 for instructions and the latest information. Note: Figure the amount of your contribution deduction before completing this form.

Let's break down each step. Decide which shares of stock you want to donate. ... Obtain your nonprofit's account information. ... Fill out the appropriate stock donation forms and send them to your brokerage. ... Follow up with the charity to make sure the donation goes through. ... Report the stock donation when you file your taxes.

Individual Donors For contributions valued in excess of $5,000, IRS Form 8283 includes the declaration of the qualified appraiser, as well as a certification by the recipient organization that it will file IRS Form 8282 if it disposes of the item within three years of receipt.

Individuals, partnerships, and corporations file Form 8283 to report information about noncash charitable contributions when the amount of their deduction for all noncash gifts is more than $500.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232