Instructions For Form 8283 Page 4
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4section 1.170A-13(c)(5) for a definition of
In rare and unusual circumstances, it
Part IV, Donee Acknowledgment
a qualified appraiser.
may be impossible to get the donee’s
The donee organization that received the
signature on the Appraisal Summary.
Persons who cannot be qualified
property described in Part I of Section B
The deduction will not be disallowed for
appraisers are listed in the Declaration of
must complete Part IV. Before submitting
that reason if you attach a detailed
Appraiser (Part III) of Form 8283.
page 2 of Form 8283 to the donee for
explanation why it was impossible.
Usually, a party to the transaction will
acknowledgment, complete at least your
not qualify to sign the declaration. But a
Note: If the donee (or a successor
name, identifying number, and
person who sold, exchanged, or gave
donee) organization disposes of the
description of the donated property (line
the property to you may sign the
property within 2 years after the date the
5, column (a)). If tangible property is
or iginal donee received it, the
declaration if the property was donated
donated, also describe its physical
within 2 months of the date you
organization must file Form 8282, Donee
condition (line 5, column (b)) at the time
acquired it and the property’s appraised
Infor mation Return, with the IRS and
of the gift. Complete Part II, if
value did not exceed its acquisition
send a copy to the donor. An exception
applicable, before submitting the form to
price.
applies to items having a value of $500
the donee. See the instructions for
or less if the donor identified the items
An appraiser may not be considered
Part II.
and signed the statement in Part II
qualified if you had knowledge of facts
The person acknowledging the gift
(Section B) of For m 8283. See the
that would cause a reasonable person to
must be an official authorized to sign the
instructions for Part II.
expect the appraiser to falsely overstate
tax returns of the organization, or a
the value of the property. An example of
person specifically designated to sign
Failure To File Form 8283, Section B
this is an agreement between you and
Form 8283. After completing Part IV, the
If you donated property that is required
the appraiser about the property value
organization must return Form 8283 to
to be reported in Section B of Form
when you know that the appraised
you, the donor. You must give a copy of
8283 and you fail to attach the form to
amount exceeds the actual FMV.
Section B of this form to the donee
your return, the deduction will be
Usually, appraisal fees cannot be
organization. You may then complete
disallowed unless your failure was due
based on a percentage of the appraised
any remaining information required in
to a good-faith omission. If the IRS asks
value unless the fees were paid to
Part I. Also, Part III may be completed at
you to submit the form, you have 90
certain not-for-profit associations. See
this time by the qualified appraiser.
days to send a completed Section B of
Regulations section 1.170A-13(c)(6)(ii).
Form 8283 before your deduction is
disallowed.
Page 4
Printed on recycled paper
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