Question

Charitable Donations Receipts on Colorado State Forms

Forum|Forum|1 year ago
February 24, 2025
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If I am claiming Charitable Donations over $5000 on the Colorado State taxes, do I submit only the in-kind over $5000 or every single receipt. (The actual receipts is more than the amount actually claimed because Colorado either reduces it or all of my donations didn't 'qualify'.) Turbotax printed an E-filer attachment but the form vaguely states "all applicable receipts." So what's applicable? Is it every receipt or just those in-kind over $5000?

M

MAK70

You do not need every receipt. You must provide an appraisal for a single item contribution of in-kind items valued at $5,000 for one item or a group of similar items. The IRS Form 8283 can be used for substantiation in addition to the receipts.