Donating a stock to charity with loss

[T K]

Hello,

I donated a stock with loss to charity but hold it for less than one year.

What value I can deduct from my taxes and is that good or bad?

For Example, the stock cost basis was 150 and I hold it for less than a year and donated it while the value is 120

What value I can deduct from my taxes and is that good or bad?

Thanks alot

[Bsch4477]

The deduction will be limited to either the current market value of the stock or what you originally paid for it, whichever is less.