I am attempting to complete Form 8283 in connection with the donation of an old automobile to charity. I have the Form 1098C issued by the charity. The value was determined by the charity by independent auction. Column "i" of the Form 8283 asks for the "method used to determine the fair market value. The options provided by TurboTax are: appraisal, average share price, catalog, capitalization of income, comparative sales, consignment shop value, present value, replacement cost new, reproduction cost less depreciation, or thrift shop value. Could someone tell me if there is a standard response of this situation? Thanks in advance for your reply.
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