non-cash contribution appraisal?

[Maggie]

Client donated auto industry related periodicals to a University. Automotive historical society provided an appraisal of the items at 6,000. The appraisal does not contain the identifiying number of the appraiser, the qualifications of the appraiser, the statement that the appraisal was prepared for income tax purposes etc. It merely states that the literature was in excellent condition and that he appraised them at 6,000. It doesn't include the "requirements" as stipulated by the Treas. Reg. 1.170A-13. Should I just send what I have and hope it is good enough.....or reduce the fmv of the items to below 5,000? Any suggestions or comments? Thank You!!

[Jiggers]

Appraisal

Client donated auto industry related periodicals to a University. Automotive historical society provided an appraisal of the items at 6,000. The appraisal does not contain the identifiying number of the appraiser, the qualifications of the appraiser, the statement that the appraisal was prepared for income tax purposes etc. It merely states that the literature was in excellent condition and that he appraised them at 6,000. It doesn't include the "requirements" as stipulated by the Treas. Reg. 1.170A-13. Should I just send what I have and hope it is good enough.....or reduce the fmv of the items to below 5,000? Any suggestions or comments? Thank You!!

No, the taxpayer should get the proper appraisal. Give him the requirements.

No proper appraisal, no tax deduction.