Reminders

Disallowance of deduction for certain conservation contributions by partnerships and S corporations. Subject to one of three exceptions, if the amount of the partnership’s or S corporation’s qualified conservation contribution exceeds 2.5 times the sum of each ultimate member’s relevant basis, the contribution is not treated as a qualified conservation contribution and no one may claim a deduction for the contribution. See Disallowance of deduction for certain qualified conservation contributions by partnerships and S corporations, later.

Requirement to fully complete Sections A and B. Filers must fully complete Section A if they are reporting a noncash charitable contribution of more than $500 but not more than $5,000. Filers reporting a noncash charitable contribution of over $5,000 must fully complete Section B. The failure to fully complete either of these two sections may result in an incomplete filing of Form 8283. See How To Complete , later.