@bhart0308 wrote:
Thanks for the reply. Do you have any idea why TT has me show this as "Items donated" instead of "stock donated"? Under the "items", it does have publicly traded securities, but these strange way of showing this (because it was inherited) seems like a "work around" to me? What am I missing? Thanks.
I don't know. At the very beginning of the charity interview, you can choose "items", "money", "stock" or "mileage and travel expenses." In terms of the IRS documentation, both money and mileage are reported as money on schedule A line 11, while everything else is reported on schedule A line 12 (with form 8283 if the total on line 13 is more than $500). So the naming in the program probably has to do with what goes on line 13.
