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Deductions & credits
The mutual fund Purchase Date was 8-4-2011 - Purchase Price $61.64/share - Total Purchase Cost $2157.67.
The mutual fund went into the DAF in November 2021 in the amount of $14,000 in the charitable contributions section in Turbotax. This initially lowered our taxes owed in Turbotax but then I was asked to enter the cost basis, which kicked us back to the standard deduction. Does the Donor Advised Fund go into the charitable contributions or elsewhere like form IRS Form 8283? Please help.
‎April 12, 2022
4:04 PM