Skip to main content
All CollectionsTaxes
When do I need to get a qualified appraisal?
When do I need to get a qualified appraisal?
Support avatar
Written by Support
Updated over 3 weeks ago

For a donation of property worth more than $5,000 you need a qualified appraisal if you're claiming a tax deduction. This applies to items like privately owned business interests, cryptocurrency, and real estate. For certain clothing and household goods, the appraisal threshold may be lower.

Did this answer your question?