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Chapter 15 Horse Donation
Program
(SAMPLE)
Va. Polo
1082 Forest Lodge
Lane
Charlottesville, Virginia 22903
Center: (804) 979-0293
Fax: (804) 979-7656
Donating a horse to the University
of Virginia:
When you donate a horse you
need to provide some basic information:
Your Name
Address
Phone
Horse Name
Age
Color
Sex
Value you intend to claim on your return
You will need to turn over
physical possession of the horse to an agent of Virginia Polo.
For your Tax Return:
Option 1: Claim $4,900 or less
on your tax return. Save the receipt we send you for your records.
Option 2: Claim an amount over
$4,900 on your return. Obtain two independent appraisals of the
value of the horse to send in with your return. Receive signed
Form 8283 from us to send in with your return. Save the receipt
we send you for your records
WE DO NOT AND CANNOT SET A
VALUE ON YOUR DONATION.
IF WE SELL A HORSE WITH A DONATED
VALUE GREATER THAN $4,900 WE MUST REPORT THE DISPOSITION TO THE
INTERNAL REVENUE SERVICE. Usually horses of a donated value greater
than $4,900 last us for more than two years.
Contact:
Dana Fortugno (804) 979-0293 or fax (804) 979-7656 or email
virginiapolo@aol.com
Submitted by Megan Towle
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