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Deductions & credits
Dave - I am using Turbox Tax Premier to enter an long-term appreciated stock donation to a donor advised fund. It is not using the FMV although the cost basis is lower than the FMV. I have selected "Various" and also a date older than 1 year for Date Acquired. It is not working like the way you're explaining. I know my cost basis and wondering why I should enter 0 or FMV as cost basis to make the Turbo Tax program work. Please address this.
‎February 22, 2022
4:47 AM