Follow up the recommendation to denote the Mutual Fund donation as "Securities, other than stock" -
TT asks the following questions:
- Did you have the item(s) in this donation appraised?
An appraisal is required for any item or group of similar items with a resale value of $5,000 or more.
I'm guessing that I should answer "No" to appraisal, but the brokerage firm did set the value based on the Average Selling Price, which I selected on a prior page.
Would an EFT follow "stock, publicly traded" reporting or "securities, other than stock"?
