SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Critical Investing Workshop
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Didi who wrote (482)12/31/1999 3:03:00 PM
From: Ken Reidy  Read Replies (1) of 35685
 
Do you know how the IRS requires us to determine the FMV on the date of a DTC transfer to a charity of Capital Gain Property? My Situation is as follows:

The transfer to the charity occurred yesterday morning. The stock traded between 13 7/16 and 13 3/4 from 0930 EST until 1500 EST and then sold off down to 12 5/8 during the last hour of trading. It seems reasonable to me to use a FMV in the 13.50 range as that is where it was trading when it transferred. Are there hard rules regarding this or is it somewhat gray??
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News