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Deductions & credits
Check your holding time--a stock held less than a year is treated differently from a stock held longer than a year. A short term hold is eligible as a charitable deduction at the basis value, not the market value when donated. A long term hold is valued at the market value when donated. I wish I had known this when donating a portfolio of mixed short and long term.
‎January 24, 2022
4:28 PM