lj-wilson
Level 1
04-21-2021
12:14 PM
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There is nowhere to input the securities valued at > $5000 to get it into Section A of Form 8283
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George4Tacks
Level 15
04-21-2021
12:21 PM
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Look at the top of the 8283
Section A. Donated Property of $5,000 or Less and Publicly Traded Securities—List in this section only an item (or a group of similar items) for which you claimed a deduction of $5,000 or less. Also list publicly traded securities and certain other property even if the deduction is more than $5,000. See instructions.
So, $1,000,000 worth of Facebook stock is entered just like old socks to Goodwill.
Answers are easy. Questions are hard!