Form 8282: Donee Information Return

AAA

DEFINITION of 'Form 8282: Donee Information Return'

An IRS tax form used by organizations to report the sale or disposition of donated property to the IRS and to donors. Form 8282 is used by the original and successor organizations that received a piece of property if the property is disposed of within three years of the original donation.


If the property in question is worth less than $500 or if it is disposed of in order to fulfill the purpose of the charitable organization (e.g. school supplies distributed by an education-related charity), then the organization may not have to file Form 8282.

INVESTOPEDIA EXPLAINS 'Form 8282: Donee Information Return'

The original organization that received the property must provide the successive organization (the one receiving the property) with a copy of Form 8283, which was signed by the donor at the time of the donation to the original organization, as well as a copy of Form 8282 within 15 days of the disposition. The successor organization must provide the original organization with a document outlining the date the transfer of property was received. The original donor must be provided with a copy of Form 8282.


If an organization disposes of a motor vehicle, boat or airplane, it should refer to IRS Publication 526 for more information.

RELATED TERMS
  1. IRS Publication 78

    A document published by the Internal Revenue Service (IRS) that ...
  2. IRS Publication 526

    A document published by the Internal Revenue Service (IRS) that ...
  3. Disposition

    Getting rid of an asset or security through a direct sale or ...
  4. Itemized Deduction

    A deduction from a taxpayer's taxable adjusted gross income that ...
  5. Philanthropy

    Charitable giving to human causes on a large scale. Philanthropy ...
  6. Charitable Donation

    A gift made by an individual or an organization to a nonprofit ...
Related Articles
  1. Deducting Your Donations
    Taxes

    Deducting Your Donations

  2. An Overview Of Itemized Deductions
    Taxes

    An Overview Of Itemized Deductions

  3. Why You Should Itemize Your Tax Deductions
    Taxes

    Why You Should Itemize Your Tax Deductions

  4. Give To Charity; Slash Your Tax Payment
    Taxes

    Give To Charity; Slash Your Tax Payment

comments powered by Disqus
Hot Definitions
  1. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  2. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  3. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  4. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  5. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
  6. Limit-On-Open Order - LOO

    A type of limit order to buy or sell shares at the market open if the market price meets the limit condition. This type of ...
Trading Center