Hal_Al
Level 15

Deductions & credits

Q. Do I include it on Charitable Donations and list "Fidelity Charitable" as the charity, similar to how I would include my cash contributions to other qualified charitable organizations?

A. Yes, it's that simple.

 

Q.  Do I use  the Fair Market Value (FMV) of the cash contribution as the amount?

A. Yes.  But, the term FMV is not unusually used when talking about a cash donation.  When you indicate, in TurboTax (TT) that you made a cash contribution, TT will ask for the amount, not the FMV.