Charitable Contribution Appraisal (Form 8283)
A charitable contribution appraisal is the qualified appraisal the IRS requires to deduct a noncash gift of a closely held business interest. FMV prepares it under IRC §170(f)(11) with the Form 8283 Section B appraiser declaration.
Signed by a credentialed analystFairMarketValue
Bayview Logistics, Inc.
At a glance
- Basis
- IRC §170(f)(11) and Treas. Reg. §1.170A-17
- Prepared by
- A credentialed FMV valuation analyst
- Deliverable
- Signed report (PDF)
- Used by
- Accounting firms, financial advisors, attorneys
- Delivered to
- The ordering bank's or firm's vault and the client's vault
When it is needed
- A gift of closely held stock or an LLC interest to a charity or donor-advised fund.
- A contribution made before a sale, where the deduction depends on the appraised value.
What the report contains
- Qualified appraisal under §170(f)(11)
- Form 8283 Section B appraiser declaration
- Supporting schedules suitable for audit
Last updated October 24, 2026
Who uses it
Standards and sources
- IRC §170(f)(11)
- Qualified appraisal requirement
- Treas. Reg. §1.170A-17
- Qualified appraiser and appraisal definitions
- Form 8283, Section B
- Appraiser declaration
Documents we need
- Entity documents
- Financial statements
- Gift terms and donee information
How an engagement works
Scope
We confirm the purpose, standard of value, valuation date, and addressee, then issue the engagement letter.
Intake
You or your client upload documents against a checklist. Open items stay visible until the file is complete.
Analysis
A credentialed analyst prepares the valuation and signs the conclusion.
Delivery
The signed PDF goes to your vault and your client's. We keep the workfile for later questions.
Charitable contribution appraisal questions
What is a charitable contribution appraisal?
A charitable contribution appraisal is a qualified appraisal of donated property, prepared by a qualified appraiser to support a noncash charitable deduction. FairMarketValue (FMV) prepares it for gifts of closely held stock and LLC interests, with the appraiser declaration for Form 8283, Section B.
When is a qualified appraisal required for a donated business interest?
A qualified appraisal is generally required when the claimed deduction for noncash property exceeds $5,000. For nonpublicly traded stock, the appraisal requirement applies when the claimed value exceeds $10,000, though Section B of Form 8283 is still completed above $5,000.
When must a qualified appraisal be completed?
A qualified appraisal must be made no earlier than 60 days before the contribution and received by the donor no later than the due date, including extensions, of the return on which the deduction is first claimed.
Who counts as a qualified appraiser?
A qualified appraiser has earned an appraisal designation from a recognized professional organization or meets education and experience requirements, regularly performs appraisals for pay, and is not the donor, the donee, or a party to the transaction.
What documents does a charitable contribution appraisal require?
A charitable contribution appraisal requires the entity documents, financial statements, the gift terms, and information about the donee organization.
How is the fee for a charitable contribution appraisal set?
FMV quotes the fee for a charitable contribution appraisal after reviewing the scope. The fee is fixed before work starts and does not depend on the conclusion of value.
Trust and reliability
SOC 2 Type II and ISO 27001 audits are underway. Our security program is documented in the FMV Trust Center.
Get a fixed-fee quote
Tell us the purpose, the company, and the valuation date. We confirm scope and quote a fixed fee before work begins.