Form 8283 Section B
The part of Form 8283 for donations over $5,000, requiring a qualified appraisal, an appraiser declaration, and the donee's signed acknowledgement.
Section B applies where the claimed deduction for an item, or a group of similar items, is more than $5,000. It requires a written qualified appraisal by a qualified appraiser.
It also requires the charity to sign. The instructions state that "The donee organization that received the property described in Part I of Section B must complete and sign the Donee Acknowledgment in Part V", and that "After completing Part V, the organization must return Form 8283 to you, the donor."
Section B is also the route for contributions where conditions were placed on the use of the property, or where you gave less than an entire interest, when the contribution was for more than $5,000.
Sources
- Instructions for Form 8283IRS, IRS form
Definitions describe the rule as published. They are not tax advice, and almost every threshold above has an exception attached to it in the underlying publication. Confirm anything that affects a return with a qualified tax professional.
Related terms
Form 8283
Noncash Charitable Contributions, the form attached to your return once your deduction for noncash gifts is more than $500.
Qualified appraisal
A formal written valuation, prepared by a qualified appraiser under professional standards, generally required for deductions over $5,000.
Qualified appraiser
The individual permitted to prepare a qualified appraisal, meeting the education, experience, and independence conditions in the Form 8283 instructions.
Donee
The organization receiving the donation. On larger noncash gifts, the donee has paperwork obligations of its own.
Values with the source attached
DeductiBee applies a cited fair-market-value range to everything you donate, keeps the photo with the record, and exports a Form 8283 worksheet when you file.
