BHoffman Posted April 2, 2017 Report Share Posted April 2, 2017 I'm waiting for details from clients on many forms 8283, specifically on how they determined the valuation and their estimate of their purchase price. I also receive information from clients like $950 total goods donated, and then pages of details like "shorts - 5 pairs", "shoes - 10 pairs", "pots and pans - 7", "knick-knacks - 25". If I charge for time it takes for me to look this stuff up for them is a lot more than the tax benefit Huh. Maybe I'll start pointing that out to get them to agree to an amount under $500. My grasp of the obvious is still firm. 4 Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted April 2, 2017 Report Share Posted April 2, 2017 I don't know why 'Wild Ass Guess' isn't an option for valuation method. I think that's really what's meant by 'Thrift Store Value'. 8 Quote Link to comment Share on other sites More sharing options...
jasdlm Posted April 2, 2017 Report Share Posted April 2, 2017 I hate that form with the power of 1000 suns. 4 Quote Link to comment Share on other sites More sharing options...
schirallicpa Posted April 2, 2017 Report Share Posted April 2, 2017 got one of those this year too. guy donated a model ship worth $14500. Can't seem to get the papers back from the appraiser. 3 Quote Link to comment Share on other sites More sharing options...
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