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Framed artwork donation , $850 art dealer appraised value. Where is it to be claimed?
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You will claim your deduction for your framed artwork on Form 8283 Noncash Charitable Contributions.
Donations of artwork to a public charity, such as a museum or university with public charity status, can entitle you to deduct the artwork's full fair market value. If you donate art to a private foundation, however, your deduction will be limited to your cost.
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