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 within 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. *

 

 

 

.

**FEE SCHEDULE DETAILS--PLEASE READ CAREFULLY**

Multi-Appraisal Discount Eligibility

  • Our discounted pricing for multiple appraisals applies ONLY when:
  • Donations are made to the same charity,
  • Appraisal information is submitted at the same time.
  • Same-day donations to the same charity = one appraisal
  • Donations on different days = separate appraisals
  • Donations to different charities = separate appraisals

Examples

  1. Same-day donations + test transactions
    If you donate twice and also have three test transactions all on the same day, that counts as one appraisal.
    (If the test transactions are on different dates, they would require additional appraisals, though the added tax deduction may not be worth the extra fee.)
  1. Different charities, same day
    One donation to Charity A and one to Charity B on the same day = two separate appraisals, no discount.
  1. Monthly donations submitted one by one
    Twelve monthly donations submitted separately = 12 appraisals, no discount.
  1. Monthly donations submitted all at once
    Twelve donations made across the year, but submitted together = 12 appraisals, and eligible for the multi-appraisal discount.

Tips to Reduce Appraisal Costs

  • Bundle submissions: Submit ALL your crypto donations at once (e.g., in January for the prior year) to qualify for the discount.
  • Skip low-value test appraisals: If your test transactions are on different dates, they count as separate appraisals. Exclude them if the tax deduction is minimal.
  • Avoid date-splitting large gifts: Splitting a large donation across multiple days increases appraisal fees. Consider consolidating into fewer, larger transactions.

PAYMENT SUBMISSION:

  1. Go to: https://www.paypal.me/CharitableSolutions to pay with credit card. (please include donor name in the memo)
  2. Use Zelle® from your bank with bryan@charitablesolutionsllc.com. Make sure to include donor name in “reason” field.