The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Transferring stocks to a charity after ex di||Date: 1/4/2014 8:21 PM|
|Author: TMFPMarti||Number: 119800 of 121061|
I still wonder however if the dividend stands as accrued to the shares on the X date, so that the dividend, too, is deductible.
Did you digest my earlier response? Did you verify what I said in Pub 526?
Other than the special provision which is allowing you to deduct the value of your ROIC without selling it, if you want a deduction write a check. The special treatment is available only for long-term cap gains. Dividends, accrued, paid, or in your dreams are not LTCG.
I seem to recall some mention about the declaration of a dividend affecting the share price. So does an announcement that they've found oil that will net $40 billion a month forever. So what?
I really don't see the source of the confusion except that you're not getting the answer you want.
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