JCS52
Returning Member

Get your taxes done using TurboTax

I apologize for not being clear in my question.

 

Please look at Form 8283 (Noncash Charitable Contributions), Section A, line 1(i).  Why does TurboTax  show "Average Share" for purchased stock that is donated and "Comparative Sales" for inherited stock that is donated?  I fully understand how fair value is calculated.  My question is why does TurboTax show valuation different methods on Section A, line 1(i) of Form 8283 when the exact same method of calculating fair value is used to determine the donation amount?  Perhaps I should call someone at TurboTax to discuss.  If so, please provide me a phone number to call.  Thank you very much.