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figure your deduction by reducing the fair mar- ket value of the donated property by its appreci- ation, as described earlier in Giving Property That Has Increased in Value, your contribution is the reduced amount. Deductions of Less Than $250 Except as provided below, no deduction will be allowed for a noncash contribution of less than $250 unless you get and keep a receipt from the qualified organization showing: 1. The name and address of the qualified or- ganization to which you contributed; 2. The date and location of the charitable contribution; 3. A description of the property in sufficient detail under the circumstances (taking into account the value of the property) for a person not generally familiar with the type of property to understand that the descrip- tion is of the contributed property; and 4. For a security, the name of the issuer, the type of security, and whether it is publicly traded as of the date of the contribution. For example, a security is generally con- sidered to be publicly traded if the security is (a) listed on a recognized stock ex- change whose quotations are published daily, (b) regularly traded on a national or regional over-the-counter market, or (c) quoted daily in a national newspaper of general circulation in the case of mutual fund shares. A letter or other written communication from the qualified organization acknowledging receipt of the contribution and containing the information in (1), (2), (3), and (4) will serve as a receipt. If it is impractical to get a receipt (for exam- ple, if you leave property at a charity’s unatten- ded drop site), you may satisfy the substantia- tion requirements by maintaining reliable written records for each item of the donated property. Your reliable written records must include the following information. 1. The information in (1), (2), (3), and (4) above. 2. If you claim a deduction for clothing or a household item, a description of the condi- tion of the clothing or item. 3. The fair market value of the property at the time of the contribution and how you fig- ured the fair market value. Deductions of at Least $250 but Not More Than $500 If you claim a deduction of at least $250 but not more than $500 for a noncash charitable contri- bution, you must get and keep a contemporane- ous written acknowledgment of your contribu- tion from the qualified organization. If you made more than one contribution of $250 or more, you must have either a separate acknowledg- ment for each or one acknowledgment that shows your total contributions. See Contempo- raneous written acknowledgement, earlier, for a description of when a written acknowledgement is considered “contemporaneous” with your contribution. The acknowledgment must: 1. Be written. 2. Include: a. A description (but not necessarily the value) of any property you contrib- uted, b. Whether the qualified organization gave you any goods or services as a result of your contribution (other than certain token items and membership benefits), and c. A description and good faith estimate of the value of any goods or services described in (b). If the only benefit you received was an intangible religious benefit (such as admission to a reli- gious ceremony) that generally isn't sold in a commercial transaction out- side the donative context, the ac- knowledgment must say so and doesn't need to describe or estimate the value of the benefit. 3. Be received by you on or before the earlier of: a. The date you file your return for the year you make the contribution, or b. The due date, including extensions, for filing the return. Deductions Over $500 but Not Over $5,000 If you claim a deduction over $500 but not over $5,000 for a noncash charitable contribution, you must complete Form 8283 and have the Contemporaneous written acknowledgment (defined earlier). Your completed Form 8283 must include: 1. Your name and taxpayer identification number, 2. The name and address of the qualified or- ganization, 3. The date of the charitable contribution, and 4. The following information about the con- tributed property: a. A description of the property in suffi- cient detail under the circumstances (taking into account the value of the property) for a person not generally familiar with the type of property to un- derstand that the description is of the contributed property; b. The fair market value of the property on the contribution date and the method used in figuring the fair mar- ket value; c. In the case of real or tangible prop- erty, its condition; d. In the case of tangible personal prop- erty, whether the donee has certified it for a use related to the purpose or function constituting the donee’s ba- sis for exemption under Section 501 of the Internal Revenue Code or, in the case of a governmental unit, an exclusively public purpose; e. In the case of securities, the name of the issuer, the type of securities, and whether they were publicly traded as of the date of the contribution; f. How you got the property, for exam- ple, by purchase, gift, bequest, inheri- tance, or exchange; g. The approximate date you got the property or, if created, produced, or manufactured by or for you, the ap- proximate date the property was sub- stantially completed; and h. The cost or other basis, and any ad- justments to the basis, of property held less than 12 months and, if avail- able, the cost or other basis of prop- erty held 12 months or more. This re- quirement, however, doesn't apply to publicly traded securities. Deductions Over $5,000 If you claim a deduction of over $5,000 for a noncash charitable contribution, you must have the Contemporaneous written acknowledgment (defined earlier), obtain a qualified written ap- praisal of the donated property from a qualified appraiser, and complete Form 8283. A qualified appraisal is not required for contributions of qualified vehicles for which you obtain a con- temporaneous written acknowledgement, cer- tain inventory, publicly traded securities, or cer- tain intellectual property. See Deductions of More Than $5,000 in Pub. 561 for more infor- mation. In addition to, or in lieu of, the items descri- bed in Deductions Over $500 but Not Over $5,000 earlier, your completed Form 8283 must include: 1. The qualified organization’s taxpayer iden- tification number, signature, the date signed by the qualified organization, and the date the qualified organization re- ceived the property; 2. The appraiser’s name, address, taxpayer identification number, appraiser declara- tion, signature, and the date signed by the appraiser; and 3. The following additional information about the contributed property: a. The fair market value on the valuation effective date; and b. A statement explaining whether the charitable contribution was made by means of a bargain sale and, if so, the amount of any consideration received for the contribution. Note. The appraiser declaration must in- clude the following statement: “I understand that my appraisal will be used in connection with a return or claim for refund. I also under- stand that, if there is a substantial or gross Publication 526 (2021) Page 21