Our clients receive:
- Qualified appraisals for gifts of all types of virtual currencies, including Bitcoin, Ethereum and Ripple by a Ph.D. and a Certified Bitcoin Professional (CBP).
- Completion of IRS Form 8283 (Noncash Charitable Contribution).
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 virtual currency 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 first appraisal $75 for each additional appraisal to the same charity for any donations less than $500,000.
Appraisals for Donations OVER $500K
$800 for the first appraisal and $400 for each additional appraisal to the same charity, with donations MORE THAN $500,000.
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.