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To determine the average trading price for the stock you donated, look up the price of the stock on the day it was donated. Take the high price for the day, and the low price for the day, and add them together. Take that sum and divide by two - that is your average stock price. You can look up this information on any online broker website, the NASDAQ website, etc.
It’s the average of the high and low price on the trading date that you donated it. For a mutual fund it would be the closing value on the day you donated it.
I have a similar question. I transferred a number of shares to a donor advised fund. These were purchased fractionally on many different dates. All are more than one year old. I am also being asked the average trading price even though I indicated multiple shares over time. Is this really asking for average cost basis - e.g. total cost basis / number of shares donated = average share price? Or do I have to go crazy trying to either do each donation separately or something?
Use the average price when donated, not when purchased.
Are we to enter the average price on day of donation PER SHARE, or the average price on day of donation for ENTIRE AMOUNT DONATED (i.e., price per share times number of shares)?
You would be entering the average price per share on the day of donation.
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