Birdwatch Note Rating
2023-08-23 10:56:47 UTC - NOT_HELPFUL
Rated by Participant: EBECE6B7B1E9F764C1F3EFC96664FAD0D1888797C8A8DB05958179094A4C66EC
Participant Details
Original Note:
In order for the value of a donated artwork to be deducted from tax its “fair market value” must be determined by a qualified art appraiser and must be submitted to the IRS. Further restrictions are specified in the Pension Protection Act. https://www.bnymellonwealth.com/insights/how-to-make-tax-deductible-charitable-donations-of-artwork.html#:~:text=The%20donor%20must%20obtain%20a,completed%20formal%20professional%2Dlevel%20coursework.
All Note Details