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Business & farm
Your answer makes sense and corresponds to what my financial advisor told me.
However I'm having problems entering it into Turbo Tax in Sched A. When I simply add it in as a stock donation it deducts 100% which is wrong.
There are two areas that I think I can fix this.
1) The first screen asks if I have "attached conditions" or give "others rights" to the donation.
2) There is another screen that asks if this is a 30% charity. (not 30% AGI)
I'm not sure if either of these apply?
Also is the name of the charity my name or is it the institution's Legacy Trust Fund?
‎April 5, 2023
7:30 AM