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Subject:  Re: Transferring stocks to a charity after ex di Date:  1/2/2014  6:22 PM
Author:  TMFPMarti Number:  119784 of 127545

I transferred ROIC shares to a charity on December 13.

The dividend was paid to the charity.

I called Schwab on this. They checked and verified that apparently the transfer date and not the ex date applies to share transfers. I guess the dividend accrues to the shares and not the owner of the shares, or something.

So my questions are:

1. Really?

Beats me.

2. If this is the case, do I get credit for donating the dividend as well as the shares?

Only if the dividend is erroneously included in your income on the 1099-DIV and you include it as income on your return. The special treatment of donated securities applies only to long-term cap gains. Pub 526.

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