I have not had any issues with entering stock donations but have a related question regarding donation of appreciated, long call stock options. In general, my understanding is that these options contracts would also be treated as capital assets similar to stocks where if held <1 year, the cost basis is deductible and if held > 1 yr, the FMV is deductible. Both subject to the other limitations like 30% of AGI ....
Can anyone confirm if this is this correct way to determine deductible value for donated stock options? It feels like it should be correct but I have searched the tax code and internet up and down and cannot find this variation described explicitly.
Thanks
