Form 8283 - Donee's letter states the deductible amt. of donor's gift of appreciated securities to a charitable gift annuity. Can statement be attached to e-filed return?

Forum|Forum|6 years ago
April 23, 2020
3 replies
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Donee provided a supplemental statement to attach to Form 8283. The calculations are given in detail. Can I electronically attach this statement to the tax return, or do I have to mail it with Form 8453?

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George4Tacks

Level 15

If the security is publicly traded, it is treated just like a pile of old clothes. No special attachment is needed. Read the instructions. You can always attach things,but (a) are they necessary and (b) do you think anyone will ever look at them.

Is the security publicly traded?

Answers are easy. Questions are hard!

itonewbie

Level 15

F.8283 must be mailed with F.8453.

---------------------------------------------------------------------------------Still an AllStar

BobKamman

Level 15

What's involved here is a donation of $X in stock that will pay income to the donor for life (or a period of years) with the remainder to a charity, so the value of the donation is Y% of $X. For example, $10K in stock might result in a $2K deduction. It's more or less like a charitable remainder trust. I'm not sure of how that gets shown on a Form 8283, but I doubt that any attachment will be reviewed before IRS decides to examine the return. (Not that they're doing many audits right now, or for the next couple years.) In fact, they would probably ask you to provide a copy of the 8283 itself.

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