Bad Karma and IRS Audits | Biz Brain

If you make large noncash donations, do your homework.(earl/morguefile.com) Q. I want to give away my china and crystal. The pieces sell for a high price on the reseller websites, but those same sites offer to buy the pieces for maybe a quarter of that price. If I donate, do I have to get an appraisal? Or can I just use the seller prices on the website as proof of value for the IRS? -- Downsizing A. Giving your stuff away can be a satisfying experience, especially when you can receive a substantial tax write-off. But you do have to be careful to stay within IRS rules. The general rule for noncash charitable contributions is that you must file Form 8283 "Noncash Charitable Contributions" if

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