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California online Form 8283: What You Should Know

The item(s) is not your contribution, and. You don't itemize your deductions. Noncash contributions are any contributions of money, property, or services; Donations from: A. Individuals B. Partnerships C. Corporations D. Charitable organizations or charitable foundations This will be an annual form for the rest of 2011. Noncash contributions are the same as non-cash contributions but don't take into account any tax deductions made in the same year. IRS Form 8283. Non-cash Charitable Contributions For Individuals Non-cash contributions are contributions of money, property, or services that are not subject to income tax. This includes: • Contributions of money (non-cash charitable contributions are also called personal property (PC)); • Gift of money from one to another; and • Gifts of money from a charitable organization or charitable foundation (PC). Non-cash contributions are subject to the income tax, just as income tax, gifts, or other contributions would be. See IRS Publication 501.

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