Charitable Contribution

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  • Kram BergGold
    Senior Member
    • Jun 2006
    • 2112

    #1

    Charitable Contribution

    My client and sister donated $8,000 or appreciated artwork to a charity. Is this considered two $4,000 contributions therby avoiding an appraisal or one $8,000 contribution requiring an appraisal?
  • AuditorTurnedGood
    Senior Member
    • May 2008
    • 326

    #2
    Seperate question

    how did they determine the value of $8,000 without an appraisal? I would imagine art would be something pretty hard to SWAG a value on.

    ATG
    "Congress has spoken to this issue through its audible silence."
    Anyone ever notice they beat the daylights out of the definition of a child, but they don't spend much time at all defining "parent"?

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