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Index/Topics/USPAP Compatibility

USPAP Compatibility

Appraisals must be USPAP-compatible and cannot be old insurance appraisals repurposed for tax claims.

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1 result
Feb 3, 2026

When must a donor obtain a qualified appraisal for a noncash charitable gift and what information must the appraisal include?

The requires a donor to obtain a qualified appraisal when the claimed deduction for a exceeds $5,000 for a single item or a group of similar items, and that appraisal generally must be attached to and...

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