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Can I get an appraisal for an item I plan to donate to charity?

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Yes, and for higher value donations it is often required if you want to claim a tax deduction. Donation appraisals are done at fair market value, and the tax authorities have specific rules about when a qualified appraisal is needed, who can prepare it and when it must be completed relative to the gift.

The appraiser should not be connected to the charity receiving the item, and you should not be the appraiser of your own donation. Many charities will not provide a value themselves for the same reason.

Because the thresholds and paperwork change and depend on your situation, speak with your tax preparer or accountant before making the donation. They can tell you whether you need a formal appraisal and what forms to file with your return.

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