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         Clothing and Household Items           If  you  don't  attach  Form  1098-C  (or  other   Deduction  $500  or  less.    If  the  qualified  or-
                                             statement), you can't deduct your contribution.  ganization sells the vehicle for $500 or less and
         You  can't  take  a  deduction  for  clothing  or   You must get Form 1098-C (or other state-  Exceptions 1 and 2 don't apply, you can deduct
         household items you donate unless the clothing   ment) within 30 days of the sale of the vehicle.   the smaller of:
         or household items are in good used condition   But if Exception 1 or 2 (described later) applies,   • $500, or
         or better.                          you must get Form 1098-C (or other statement)   • The vehicle's FMV on the date of the con-
                                             within 30 days of your donation.        tribution. But if the vehicle's FMV was more
         Exception.    You  can  take  a  deduction  for  a                          than your cost or other basis, you may
         contribution  of  an  item  of  clothing  or  a  house-  Filing deadline approaching and still no   have to reduce the FMV to get the deducti-
         hold  item  that  isn't  in  good  used  condition  or   Form  1098-C.    If  the  filing  deadline  is  ap-  ble amount, as described under Giving
         better if you deduct more than $500 for it, and   proaching  and  you  still  don't  have  a  Form   Property That Has Increased in Value,
         include  a  qualified  appraisal  prepared  by  a   1098-C, you have two choices.  later.
         qualified  appraiser  and  a  completed  Form   1. Request an automatic 6-month extension   If the vehicle's FMV is at least $250 but not
         8283, Section B.                        of time to file your return. You can get this   more than $500, you must have a written state-
                                                 extension by filing Form 4868, Application   ment  from  the  qualified  organization  acknowl-
         Household items.   Household items include:  for Automatic Extension of Time To File   edging your donation. The statement must con-
           • Furniture and furnishings,          U.S. Individual Income Tax Return. For   tain  the  information  and  meet  the  tests  for  an
           • Electronics,                        more information, see the Instructions for   acknowledgment  described  under  Deductions
           • Appliances,                         Form 4868.                      of at Least $250 but Not More Than $500 under
           • Linens, and                                                         Substantiation Requirements, later.
           • Other similar items.              2. File the return on time without claiming the
            Household items don't include:       deduction for the qualified vehicle. After   FMV.    To  determine  a  vehicle's  FMV,  use  the
                                                 receiving the Form 1098-C, file an amen-
           • Food;                               ded return, Form 1040-X, Amended U.S.   rules described under Determining FMV, later.
           • Paintings, antiques, and other objects of   Individual Income Tax Return, claiming the
             art;                                deduction. Attach Copy B of Form 1098-C   Donations  of  inventory.    The  vehicle  dona-
           • Jewelry and gems; and               (or other statement) to the amended re-  tion  rules  just  described  don't  apply  to  dona-
           • Collections.                        turn.                           tions  of  inventory.  For  example,  these  rules
                                                                                 don't apply if you are a car dealer who donates
         FMV.    To  determine  the  FMV  of  these  items,   Exceptions.   There are two exceptions to the   a car you had been holding for sale to custom-
         use the rules under Determining FMV, later.  rules just described for deductions of more than   ers. See Inventory, later.
                                             $500.
         Cars, Boats, and Airplanes             Exception  1—Vehicle  used  or  improved   Taxidermy Property
         The  following  rules  apply  to  any  donation  of  a   by organization.   If the qualified organization   If you donate taxidermy property to a qualified
         qualified vehicle.                  makes a significant intervening use of, or mate-  organization,  your  deduction  is  limited  to  your
                                             rial improvement to, the vehicle before transfer-  basis  in  the  property  or  its  FMV,  whichever  is
            A qualified vehicle is:          ring  it,  you  can  generally  deduct  the  vehicle's   less.  This  applies  if  you  prepared,  stuffed,  or
           • A car or any motor vehicle manufactured   FMV  at  the  time  of  the  contribution.  But  if  the   mounted  the  property  or  paid  or  incurred  the
             mainly for use on public streets, roads, and   vehicle's FMV was more than your cost or other   cost  of  preparing,  stuffing,  or  mounting  the
             highways;                       basis, you may have to reduce the FMV to get   property.
           • A boat; or                      the deductible amount, as described under Giv-
           • An airplane.                    ing Property That Has Increased in Value, later.   Your basis for this purpose includes only the
                                             The Form 1098-C (or other statement) will show   cost  of  preparing,  stuffing,  and  mounting  the
         Deduction more than $500.   If you donate a   whether this exception applies.  property. Your basis doesn't include transporta-
         qualified  vehicle  with  a  claimed  FMV  of  more   Exception  2—Vehicle  given  or  sold  to   tion or travel costs. It also doesn't include the di-
         than $500, you can deduct the smaller of:  needy individual.   If the qualified organization   rect or indirect costs for hunting or killing an ani-
           • The gross proceeds from the sale of the   will give the vehicle, or sell it for a price well be-  mal,  such  as  equipment  costs.  In  addition,  it
             vehicle by the organization, or  low FMV, to a needy individual to further the or-  doesn't include the value of your time.
           • The vehicle's FMV on the date of the con-  ganization's charitable purpose, you can gener-
             tribution. If the vehicle's FMV was more   ally deduct the vehicle's FMV at the time of the   Taxidermy  property  means  any  work  of  art
             than your cost or other basis, you may   contribution. But if the vehicle's FMV was more   that:
             have to reduce the FMV to figure the de-  than your cost or other basis, you may have to   • Is the reproduction or preservation of an
             ductible amount, as described under Giv-  reduce the FMV to get the deductible amount,   animal, in whole or in part;
             ing Property That Has Increased in Value,   as  described  under  Giving  Property  That  Has   • Is prepared, stuffed, or mounted to recre-
             later.                          Increased in Value, later. The Form 1098-C (or   ate one or more characteristics of the ani-
            Form 1098-C.   You must attach to your re-  other statement) will show whether this excep-  mal; and
         turn Copy B of the Form 1098-C, Contributions   tion applies.             • Contains a part of the body of the dead an-
         of  Motor  Vehicles,  Boats,  and  Airplanes  (or   This exception doesn't apply if the organiza-  imal.
         other  statement  containing  the  same  informa-  tion  sells  the  vehicle  at  auction.  In  that  case,
         tion as Form 1098-C) you received from the or-  you can't deduct the vehicle's FMV.  Property Subject to a Debt
         ganization.  The  Form  1098-C  (or  other  state-
         ment)  will  show  the  gross  proceeds  from  the   Example.   B donates a used car to a quali-  If  you  contribute  property  subject  to  a  debt
         sale of the vehicle.                fied organization. They bought it 3 years ago for   (such  as  a  mortgage),  you  must  reduce  the
            If you e-file your return, you must:  $9,000.  A  used  car  guide  shows  the  FMV  for   FMV of the property by:
           • Attach Copy B of Form 1098-C to Form   this  type  of  car  is  $6,000.  However,  B  gets  a   1. Any allowable deduction for interest you
             8453, U.S. Individual Income Tax Trans-  Form 1098-C from the organization showing the   paid (or will pay) that is attributable to any
             mittal for an IRS e-file Return, and mail the   car  was  sold  for  $2,900.  Neither  Exception  1   period after the contribution, and
             forms to the IRS; or            nor Exception 2 applies. If B itemizes their de-
           • Include Copy B of Form 1098-C as a pdf   ductions, they can deduct $2,900 for their dona-  2. If the property is a bond, the lesser of:
             attachment if your software program allows   tion.  B  must  attach  Form  1098-C  and  Form   a. Any allowable deduction for interest
             it.                             8283,  Noncash  Charitable  Contributions,  to   you paid (or will pay) to buy or carry
                                             their tax return.
                                                                                        the bond that is attributable to any pe-
                                                                                        riod before the contribution; or
         Page 8                                                                                   Publication 526 (2022)
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