Fine Art Appraisal for Estate Tax

5.0from 80+ client reviews

Fine art appraisals for estate tax, prepared in accordance with IRS estate tax requirements (Form 706). AppraiseItNow provides USPAP-compliant valuations with documented provenance and comparable sales data to protect estates from IRS scrutiny.

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DEFENSIBLE, USPAP-COMPLIANT ARTWORK APPRAISAL REPORTS — QUALIFIED FOR THE IRS, PROBATE COURTS, AND ESTATE ATTORNEYS.

  • IRS
  • United States Courts
  • Chase
  • Bank of America
  • State Farm
  • Goodwill Industries
  • Wells Fargo

The fine art team behind your fair market value appraisal

Between them, our fine art appraisers hold ISA designations, and every report is written to USPAP for the IRS, probate courts, and estate attorneys.

Joe Kattan

Joe Kattan

Owner & CEO

Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.

Anne Hay

Anne Hay

Personal Property Appraiser

ISA Accredited Member with 30 years in the trade, from running estate sales and an auction gallery to appraising luxury apparel, furniture, artwork, antiques, and business assets, primarily for IRS tax filings.

Ashley Innes

Ashley Innes

Personal Property Appraiser

ISA Accredited Member specializing in Asian art, with a Master's from SOAS and a Postgraduate Diploma in Asian Art. Ashley chairs the ISA's Antiques, Furnishings, and Decorative Arts committee and appraises for charitable donation, insurance, and equitable distribution.

Aron Blue

Aron Blue

Client Success Manager

Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.

  • USPAPWritten to the Uniform Standards of Professional Appraisal Practice
  • Fair market valueThe IRS definition of value that Form 706, probate courts, and gift tax filings apply
  • International Society of AppraisersAccredited Member
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

Art Appraisals for Estate Tax

When a decedent's estate includes artwork, federal law requires that each piece be valued at fair market value as of the date of death for reporting on IRS Form 706, which must be filed within nine months of the decedent's passing. The IRS mandates a qualified appraisal for any artwork valued at $3,000 or more, and pieces exceeding $50,000 are referred to the IRS Art Advisory Panel for independent review. Our art appraisal team brings the credentials and methodology required to meet these thresholds and withstand IRS scrutiny.

AppraiseItNow delivers appraisals both online and onsite across the United States, making it straightforward for executors and estate attorneys to obtain compliant documentation regardless of where the collection is located. Our estate tax valuation services cover everything from single paintings to large, mixed-media collections.

Artwork We Appraise for Estate Tax

AppraiseItNow appraises a wide range of artwork categories that commonly appear in estate inventories.

  • Oil, acrylic, and watercolor paintings by listed and emerging artists
  • Drawings, pastels, and works on paper including sketches and studies
  • Original prints, etchings, lithographs, and screenprints in limited or open editions
  • Sculptures in bronze, marble, ceramic, wood, and mixed materials
  • Photography, including fine art prints and vintage photographic works
  • Textile art, tapestries, and fiber-based works
  • Folk art, outsider art, and self-taught artist works
  • Decorative art objects with fine art attribution, such as artist-designed ceramics or glass
  • Digital and new media art with established provenance and market history
  • Estate collections containing multiple works by the same artist or from the same period

How AppraiseItNow Handles Art Appraisals for Estate Tax

Our process and deliverables are structured to satisfy IRS requirements and support the estate administration process from start to finish.

  • Each appraisal includes a physical or photographic examination of the artwork, a condition assessment, provenance research, and analysis of comparable auction and dealer sales, with all comparable sales clearly identified in the written report as required by IRS standards.
  • Appraisers hold credentials from recognized professional organizations including ISA, ASA, AAA, CAGA, AMEA, and NEBB, and carry the qualifications the IRS requires for estate tax appraisals, including the ability to provide a statement of qualifications for artwork valued over $3,000.
  • Reports are USPAP-compliant and formatted to accompany Form 706 filings, with documentation sufficient to withstand review by the IRS Art Advisory Panel for high-value works.
  • Appraisals can be completed online using submitted photographs and documentation or onsite at the location of the collection, with turnaround options available to meet estate filing deadlines.

What clients say we are known for

AppraiseItNow Reviews: “AppraiseItNow was amazing” and “I received excellent service from intake to delivery”

  1. Being the appraiser they come back toMentioned in 44 reviews
  2. Answering fast, and staying reachable while the work runs“From the start they were very responsive, price competitive” Chris S.Mentioned in 34 reviews
  3. Showing the research and the comparables behind the number“Very thorough and professional — great communication and outstanding service” Curt B.Mentioned in 29 reviews
  4. Delivering the finished report ahead of the deadlineMentioned in 21 reviews
  5. Taking on items other appraisers had already turned downMentioned in 14 reviews

Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.

  • AppraiseItNow was amazing! My father passed with a large volume of artwork & I had no idea what it was worth. Their team was incredibly helpful and quick to respond with text and/or email to any questions as well as a status update along the way. Highly recommend!
    Christina W., Bend, OR ·

    Artwork Appraisal for Probate

  • I recently requested a retroactive appraisal for fine art from AppraiseItNow. I received excellent service from intake to delivery. The appraisal was delivered on time and the content of the appraisal absolutely met my expectations!
    James H., Rock Hill, SC ·

    Artwork Appraisal

  • From the start they were very responsive, price competitive, and had a quick turn around time. Thank you so much to Joe who was very sweet in responding to my emails; I am looking forward to utilizing AppraiseItNow for many years to come.
    Chris S., San Clemente, CA ·
  • Very thorough and professional — great communication and outstanding service. Highly impressed with their work!
    Curt B. , Washington, UT ·

Frequently Asked Questions on Fine Art Appraisals for Estate Tax

When does artwork on Form 706 require a formal appraisal?

Under Treasury Regulation 20.2031-6, any item of marked artistic or intrinsic value over $3,000, or a collection over $10,000, requires an expert appraisal executed under oath and filed with the return, with the appraiser's qualifications attached. Works valued at $20,000 or more also need detailed descriptive documentation and a professional-quality photograph.

Which IRS reviewers scrutinize art values on estate tax returns?

Art reported above $20,000 is automatically referred to IRS Art Appraisal Services, and works of $50,000 or more can go to the Art Advisory Panel; Rev. Proc. 96-15 also lets an estate request a binding value in advance for high-value pieces. Provenance, exhibition history, condition reports, and photographs are what these reviewers weigh.

Can an estate use the gallery's retail asking price for artwork?

No. Estate tax fair market value must reflect the market in which the art is most commonly sold to the public, typically the auction market, and posted gallery prices are not controlling because they may never be realized. Purchase price and insurance schedule values are likewise rejected when they conflict with market evidence at the valuation date.

How does the Form 706 deadline affect estate art appraisals?

The return is generally due nine months after death, which compresses complex art valuations. Rushed reports with thin comparable research or missing condition analysis are the ones the Art Advisory Panel most often adjusts, so we anchor each work to documented sales as of the date of death, or the alternate valuation date if elected, early in administration.