non-cash donations

[Gretel]

I was not able to find a good answer. F.e. if client has two receipts plus list of donated items, one is for $300, the second for $395, how much can be deducted not dealing with form 8283?

$499 or $395 as maximum?

[taxxcpa]

$500 without filing the form.

[TXEA]

If the amounts are reasonable, why not file the Form 8283? I have never had the form questioned or asked for more documentation.

The filing amount is $500

[Gretel]

Thanks, yes, sure it's reasonable just so much more work for the client for little benefit.

[S T]

I always do the form - The taxpayer has to justify!

Could make a difference on the Sched A no matter how small the difference.

I use the $ 500 rule - over that if it can be substantiated I fill out the 8283 form.

Sandy