Reporting the establishment of a charitable gift annuity

Forum|Forum|4 months ago
January 12, 2026
1 reply
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I understand the components of a charitable gift annuity. My issue is with how to report the orig8nal donation on turbo tax when the donation is appreciated stock. Do I need to attach anything to the return? Or do I just input the market value of the stock, the calculated donation amount and the requested cost basis and let the program do the rest?

RogerD1

Level 6

You will just need to report the donation of stock in TurboTax - there won't be anything that you will need to attach to your return.

To report the donation in TurboTax, please follow these steps:

Click on Search in the upper right.
Enter Donations as the item to be searched
Click the link that says Add/Edit Charitable Donations in the search box ( or Jump to donations if using TurboTax Do It Yourself version online)
Click Yes for Did you make any donations to charity in 2025?
Click Yes, let's enter my donations then click Continue
On the next screen you will enter the Charity name, then click on Items and stock, then Continue

The remaining screens will require information about the donation of stock such as it's cost basis, number of shares, value at the time of donation, and holding period.

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Hilltop83Author

Level 2

Do I have to answer "yes" to the question about retaining an interest as we will be getting an income stream from the annuity the donation established in the future?