Internet Problem: Filling out Form 8283
Response to the following problem:
Jacob R. (SSN 846-66-7922) and Brenda Tyler made the following noncash contributions during 2014. On May 5, they donated two bags of clothing (consisting of 22 items) valued at $120. On July 8, they donated a TV worth $50. On October 5, they donated a 5-piece queen bedroom set valued at $440. All items were donated to Goodwill, Industries (147 W. 53rd Street, Mesa, AZ 85203). The Tylers used thrift store value to value their items. Go to the IRS website and locate Form 8283, Noncash Charitable Contributions. Fill out Form 8283 for the Tylers that they will attach to their 2014 tax return.