Instructions for IRS Form 8283 Noncash Charitable Contributions

IRS Form 8283 Noncash Charitable Contributions

This document contains official instructions for IRS Form 8283 , Noncash Charitable Contributions - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 8283 is available for download through this link.

FAQ

Q: What is IRS Form 8283?A: IRS Form 8283 is a tax form that individuals use to report noncash charitable contributions.

Q: Do I need to fill out Form 8283?A: You need to fill out Form 8283 if you are making noncash charitable contributions valued at $500 or more.

Q: What information is required on Form 8283?A: Form 8283 requires information about the donated property, its fair market value, and the qualified organization receiving the donation.

Q: When should I file Form 8283?A: You should file Form 8283 as part of your federal tax return when you claim a deduction for noncash charitable contributions.

Q: Are there any special rules for certain types of donated property?A: Yes, there are special rules for certain types of donated property, such as cars, boats, and intellectual property. These rules may require additional forms and documentation.

Q: How long should I keep a copy of Form 8283?A: You should keep a copy of Form 8283 and any supporting documents for at least 3 years after the date you filed your tax return.