Charitable donation
Horse appraisal for charitable donation.
Donate a horse to a university, a therapeutic program or another non-profit, and your deduction rests on a qualified appraisal.
Who reads it
The IRS reads this one closely. Any deduction over 5,000 dollars needs a qualified appraisal from a qualified appraiser, attached to Form 8283 and signed by both the appraiser and the organization receiving the horse.
Standard of value
Fair market value, defined the way the IRS defines it: the price between a willing buyer and a willing seller, neither under compulsion, both reasonably informed.
What you get
- A 10 to 15 page written appraisal
- Form 8283 appraiser declaration, signed
- Methodology and comparables shown in full
- Effective date matched to the transfer
What to have ready
- Registration papers and pedigree
- Competition record
- Veterinary history, including current radiographs if you have them
- Video under saddle and conformation photographs
- The receiving organization's name and EIN
Fees and turnaround
Fees run [FEE]. Turnaround runs [TURNAROUND] from the day the last document lands. Rush work is [RUSH].
Other purposes
Tell us about your horse.
Fill out the horse questionnaire and we'll send you a free estimate of its value, before you commit to anything.
Get a free estimate