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Deductions & credits
@bryan62 you should be able to TurboTax that acquisition by gift has "Donor's basis" of UKL of XXXX. Turbo should be asking you the basis of the donor when you tell the asset was acquired by gift.
Are you using the desktop version or on-line version ( I don't know the on-line version at all )? In the desktop version you can always go the forms mode and enter the amount directly.
‎April 4, 2024
1:54 PM