Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Tax deductions (https://www.askmehelpdesk.com/showthread.php?t=442331)

  • Feb 2, 2010, 02:12 PM
    g1938t
    tax deductions
    I donated a time share to a charitable orginaztion, they sent me a form 8283 showing the value of $19,680, when I do my taxes for 2009 do I have to claim this deduction for all of the $19,680 or can I spread it 0ver 4 or 5 years?
  • Feb 3, 2010, 03:57 AM
    MukatA

    Provide more info about Form 8283 -- where on the form and for what purpose the amount is reported.

    Donation deduction (if qualified) is itemized deduction. Can be taken only in the year donation is made.

  • All times are GMT -7. The time now is 03:37 PM.