Screen 8283-2 - Noncash Contributions Greater Than $5,000 (1065)

Overview

Use this screen to enter noncash contributions of items or groups of similar items greater than $5,000.

Donated Property Information

Enter the amount received for a bargain sale. When Appraised FMV is selected in the
Deduction code
field, the application subtracts this amount from the amount entered in the
Fair market value
field for the contribution amount on Schedule K.
Enter the fair market value of the property on the date the property was donated. When Appraised FMV is selected in the
Deduction code
field, the application subtracts the amount entered in the
Bargain sale amount received
field from the amount entered in this field for the contribution amount on Schedule K.

Appraiser Information

Enter
A
,
B
,
C
, or
D
to identify the Form 8283, Page 2, Section B, Part I property. The application automatically transfers the description entered in the
Description of property
field that corresponds with the identifying letter entered in this field. If a different description is preferred, you can use the
Specific item description (Force)
field to override the description that transfers.
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