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NY Form Instructions 8283: What You Should Know
Keep and complete Form 8283, Noncash Charitable Contributions (PDF). The additional information is there as well as other helpful information. 2. If you donated real or personal property, you must complete the Form 8289 to claim the deduction. You will need: Date and Amount of Donation (this must be a date or date and amount you paid). Itemized List of All Donated Property Included In the Deduction. List of Donations (separate list for each item of donated property) Amounts Received in Return. You must make sure you are fully detailed and complete all itemized lists on that form. If you have a business, you will also need to include your books and records. 3. You can claim a total of 11,000 for gifts you received for your business or personal properties. In total, the following information must be attached to your Form 8289 and included on the return: Amount of donation included in gross income. Date of donations. What you plan to use the donation for, if any (is other than your business) Amount of the gift (for example, how much you intend to donate). 3.1. A donation to a qualifying charity may not exceed the following maximum contribution limit per calendar year: For contributions to a charitable organization, see the “Charities” section earlier in this guide. In general, the amount is determined by multiplying the amount of the donation by the tax category. If you are donating property, you may use either a Schedule A or Schedule K. If any of your donations are to be includible in gross income under section 501(a)(3), section 512, or section 527, you should see specific instructions for using these sections on the relevant schedule that is attached to your Form 8289. If none of your donations are includible in gross income under section 501(a)(3), Section 512, or section 527, the maximum contribution allowed for the year will be the adjusted fair market value of your property for that year (the fair market value test for section 501(a)(3) is not applied to gifts to organizations). If you are contributing certain types of donations to charitable foundations, see the section below. 4.
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