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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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What is form 8283?
Form 8283 is a tax form used by taxpayers to report noncash charitable contributions to the IRS.
Who is required to file form 8283?
Taxpayers who make noncash charitable contributions totaling more than $500 and claim a deduction for it on their tax return are required to file form 8283.
How to fill out form 8283?
To fill out form 8283, taxpayers need to provide their personal information, describe the donated property, indicate the type of organization receiving the donation, and provide a qualified appraiser's signature if the contribution exceeds $5,000.
What is the purpose of form 8283?
The purpose of form 8283 is to report noncash charitable contributions made by taxpayers and determine the appropriate deduction for their tax return.
What information must be reported on form 8283?
Taxpayers must report their personal information, a detailed description of the donated property, contribution dates, the organization's name and address, and the fair market value of the donated property.
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