Form 8283 data entry for deductions not equal to FMV

There are examples where the claimed deduction amount differs from the fair market value (FMV) of the donated property. This difference happens due to a reduction in the fair market value or because the original cost of the property sets the maximum contribution amount.
In this situation, when the contribution amount is different than that of the fair market value of the donated property, enter the contribution amount in the
Contribution amount if different than FMV
field in the
8283P1
screen.
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