ReginaM
Expert Alumni

Deductions & credits

When entering your stock donation into TurboTax, be sure to enter the Value on the Date of Donation in the correct box.  TurboTax also asks for your Cost Basis in a separate box, be sure that the correct amount is being reported in each box.  If entered correctly,TurboTax will report the value of donation as the Value on the Date of Donation and not the Cost Basis.

 

TurboTax allows you to enter all the Stock Donations you have.  So double check your entries in TurboTax.

 

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