Simply filling out the prompts for stock donations is not correct. For example, if the value of the stock or mutual fund is $10,000 but the charity anticipates paying me $6000 over the course of my lifetime, I do not get credit for a $10,000 donation. Instead, the charity would then say I can claim a deduction of $4000. The prompts that TT provides does not have a way of showing what the value of the shares were and how much of that I can claim as a deduction.
