How do I estimate the fair market value of appreciated securities I may want to contribute?
A. Generally, the fair market value of a security is its current published price per share multiplied by the number of shares you wish to contribute. However, there are complicated rules for valuing donated property. (See IRS Publication 561-Determining the Value of Donated Property, and Publication 526-Charitable Contributions.) Consult your financial, tax, or accounting advisor for assistance. (Please also refer to How to Value Your Contribution for Tax Purposes, the Program’s reference guide).
A. Generally, the fair market value of a security is its current published price per share multiplied by the number of shares you wish to contribute. However, there are complicated rules for valuing donated property. (See IRS Publication 561-Determining the Value of Donated Property, and Publication 526-Charitable Contributions.) Consult your financial, tax, or accounting advisor for assistance. (Please also refer to How to Value Your Contribution for Tax Purposes, Vanguard Charitable’s reference guide).
Related Questions
- Why does the requirement to hold equity securities traded in an active market at fair value not apply to all quoted investments?
- Why is the City’s assessed value different from a private appraiser’s estimate of fair market value I obtained recently?
- How do I estimate the fair market value of appreciated securities I may want to contribute?
