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

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Overview

Use this screen to report noncash charitable contributions greater than $500 but less than or equal to $5,000. Enter the information for each item or group of similar items on a separate input screen.
note
  • The application generates one Form 8283, Page 1 for every five input screens completed, except when you enter partial interest and/or restricted use information. The application generates a separate Form 8283 for each screen with partial interest and/or restricted use information.
  • Use the1098C Screen to report noncash contributions of motor vehicles, boats, or airplanes.

General Information

Description of donated property
Enter a description of the donated property. This field is mandatory. The application uses this information to complete Form 8283.
note
This field proformas from the prior-year if the
Form 8283 general and donee organization information
checkbox in the Proforma tab in the Other Return Options dialog is marked prior to the client's proforma. To open this dialog, choose Setup and then 1065 Partnership, and select the Other Return Options button.
Date acquired by donor
Enter the date the donor acquired the property. This information transfers to Form 8283, Section A, Part I, column (e) if the fair market value of the contribution is greater than $500.
To complete column (e) when the fair market value is $500 or less, mark the
Print Form 8283 columns (e), (f), and (g) if not required
checkbox in the Return Presentation tab in the Other Return Options dialog. To open this dialog, choose Setup and then 1065 Partnership, and select the Other Return Options button.
How acquired by donor
Identify the method by which the donor acquired the property. This information transfers to Form 8283, Section A, Part I, column (f) if the fair market value of the contribution is greater than $500.
To complete column (f) when the fair market value is $500 or less, mark the
Print Form 8283 columns (e), (f), and (g) if not required
checkbox in the Return Presentation tab in the Other Return Options dialog. To open this dialog, choose Setup and then 1065 Partnership, and select the Other Return Options button.
Donor's cost or basis
Enter the cost or basis of the donated property. This information transfers to Form 8283, Section A, Part I, column (g) if the fair market value of the contribution is greater than $500.
To complete column (g) when the fair market value is $500 or less, mark the
Print Form 8283 columns (e), (f), and (g) if not required
checkbox in the in the Return Presentation tab in the Other Return Options dialog. To open this dialog, choose Setup and then 1065 Partnership, and select the Other Return Options button.

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