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Old 02-28-2008, 01:06 PM
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What are the rules for Non-Cash Donations not involving vehicles?

You mentioned the rules regarding the Cars which are a Non-Cash donation, but what are the rules for non-cash items that are not Cars?

I had donated furniture and other household items in 2007. What do I need to do in order to claim a deduction for these items. Thanks..



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Old 02-29-2008, 01:13 AM
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What are the rules for Non-Cash Donations not involving vehicles?

Now, in 2007 the rules are that if "you claim a deduction on your tax return of over $500 for all contributed property, (other than cash), you must attach a Form 8283 (PDF), Noncash Charitable Contributions, to your return."

1. Rules for Deductions of Less than $5,000
The IRS requires that if "you claim a total deduction of $5,000 or less for all contributed property, you need only complete Section A of Form 8283."

2. Rules for Deductions of more than $5,000
The IRS requires that "if you claim a deduction of more than $5,000 for an item or a group of similar items, you generally need to complete Section B of Form 8283, which requires, in most cases, an appraisal by a qualified appraiser."

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