Land donation

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  • JenMO
    Senior Member
    • Apr 2007
    • 974

    #1

    Land donation

    Client made a donation of land over $5000. This year, taxpayer will not itemize because of losses on 1040. This Sch A donation is a carryover to next year, do I need to send in the 8382 with all the signatures of the donor, donee, and appraiser, or do I save for 2010, when the deduction will actually be taken?
  • Kram BergGold
    Senior Member
    • Jun 2006
    • 2112

    #2
    2009

    You have a 2009 deduction and must show it with all required attachments on the 2009 return. Then depending on AGI, you will have a carryover to 2010.

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    • JenMO
      Senior Member
      • Apr 2007
      • 974

      #3
      Unfortunately this is a 2008 return. So 8382 all needs to be filled out and sent in? How about the Sch A? Then in 2009 does just the carryover show?

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