My biggest concern is that I told TurboTax that I (and the receiving organization) used the average share price to determine the FMV. So why did TurboTax change what I selected? There’s also this from IRS Publication 561: “If there is an active public market for the contributed stocks or bonds on a stock exchange, in an over-the-counter market, or elsewhere, the FMV of each share or bond is the average price between the highest and lowest quoted selling prices on the valuation date”. Unless TurboTax is going to recalculate the FMV I don’t believe it should report a different method for determining the FMV from the one that was actually used.
i’m still not sure I understand why this would be changed and I feel this is a bug.
