Form 8283

Question 1

When does Form 8283 have to be filed?

Answer 1

When ever the total FMV of any property contributed to charity exceeds $500.

Question 2

When total non-cash contributions (valued at FMV) exceed $500, Form 8283 must be filed.

To which of the following types of non-cash items does this rule apply:

Publicly trade securities

Real estate

Coins

Used personal or trade items.

Answer 2

All of the above.