Cryptocurrency Appraisals

photo of gold bit coin

Cryptocurrency Appraisals Are As Easy as 1-2-3!

1.  READ instructions/FAQs in the link below.
 
2.  GATHER required information and complete Form in the link below. 
CRITICAL:  Please quadruple check every detail (including typos) as we can't easily change appraisal once complete so will have to charge for an additional appraisal for any required updates.  You don't want to pay again and I don't want to charge you again.
 
3.  MAKE payment (see fee schedule below).

Once we receive the completed accurate form and payment, it normally takes 5-7 business days to process.

The IRS requires the use of a qualified appraiser for charitable gifts of donated property with a fair market value of more than $5,000. We also provide appraisals for all Bitcoin and cryptocurrency donations, as well as assistance with the required IRS Forms. For additional information regarding qualified appraisals and appraiser, please refer to Section 1.170A-13(c) and IRS form 8283 Instructions.

Fee Schedule

Appraisals for Donations UNDER $500K

$150 for the first appraisal with donations less than $500,000. For each additional appraisal submitted at the same time, benefiting the same charity, and within the same tax year, the fee is $75. 

Appraisals for Donations OVER $500K

$800 for the first appraisal with donations MORE THAN $500,000. For each additional appraisal submitted at the same time, benefiting the same charity, and for the same tax year, the fee is $400. 

Non-Charitable Appraisals

All Non-Charitable Appraisals are $600 for the first appraisal and $350 for each additional appraisal submitted at the same time and for same tax year.

Additional Notes:

  • Multiple currency appraisal rate applies if two currencies or more are appraised in the same tax year. The currencies must be donated to the same charity by the same donor, although the currency exchanges and wallets involved do not need to be the same.
  • Average turnaround time is 5 to 8 business days.