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Deductions & credits
Thanks Mike. The DAF is a 50% limit organization - I checked its IRS listing.
So how do you make this election in TT? From previous years, I recall that for capital gain donations from a Form 8283, TT defaults to claiming/deducting the appreciated FMV and thus is subject to the 30% limit. -Old-Tax-Man
‎October 31, 2021
12:53 PM