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lj-wilson
Level 1
April 21, 2021
Question

How to fill in 8283 for donations of publicly traded securities greater than $5000?

  • April 21, 2021
  • 1 reply
  • 26 views
There is nowhere to input the securities valued at > $5000 to get it into Section A of Form 8283
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1 reply

George4Tacks
George4Tacks
Level 15
April 21, 2021

Look at the top of the 8283

Section A. Donated Property of $5,000 or Less and Publicly Traded Securities—List in this section only an item (or a group of similar items) for which you claimed a deduction of $5,000 or less. Also list publicly traded securities and certain other property even if the deduction is more than $5,000. See instructions.

So, $1,000,000 worth of Facebook stock is entered just like old socks to Goodwill. 

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