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Deductions & credits
Thanks for your reply. It matches what I thought was correct.
I am having difficulty getting turbotax to use the FMV on the date of donation as the amount of donation.
Turbotax is using the amount that I entered as the basis value on the date of death as the amount of my deduction. I entered the date of death as the date I acquired the stock and the value on that date as the purchase price and entered inheritance for How Acquired. Any idea what I am doing wrong?
Thanks
‎January 12, 2021
6:36 PM