Refunds may be available for clients who did not literally follow the substantiation requirements for certain charitable contributions of property.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on June 1, 1993. The length of the article is 716 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Taxpayers who did not comply with the substantiation reporting requirements for charitable contributions of property may still be eligible to claim a tax deduction. Contributors are expected to obtain an appraisal of the donation and attach a completed appraisal summary form to the tax return for the year in which the deduction is first claimed. The Tax Court ruled that the substantiation requirements were directory, not mandatory. Taxpayers who substantially comply with the requirements are therefore entitled to claim a deduction.

Citation Details
Title: Refunds may be available for clients who did not literally follow the substantiation requirements for certain charitable contributions of property.
Author: Richard Blumenreich
Publication:The Tax Adviser (Magazine/Journal)
Date: June 1, 1993
Publisher: American Institute of CPA's
Volume: 24 Issue: n6 Page: 356(2)

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