Donation of stock in-kind to charity

[MarkR]

@aj485

I will also point out that if you had not held the stock for at least 1 year and 1 day before you donated it, your deduction is limited to the purchase value, not the value of the stock on the date that it was donated.

This is very interesting. I didn’t know it has to be “long term” before it becomes deductible in full. Also, what if it is stock that was received from an employer? Perhaps from RSUs? And you only held it for a few months? I suppose when an RSU vests, its basis is the amount you are taxed on.