Say that according to the TurboTax ItsDeductable option my non-cash contributions to a charity totaled $5000 (i.e., Schedule A, Part 1, Line 2, Value of contribution = $5000)
Schedule A, Part IV, Line 10 then asks "Cost or adjusted basis in the donated property."
Do we enter $5000 in this space if ItsDeductable says the value is $5000?
Please advise.
