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URL:  http://boards.fool.com/i-still-wonder-however-if-the-dividend-stands-as-31050576.aspx

Subject:  Re: Transferring stocks to a charity after ex di Date:  1/4/2014  8:21 PM
Author:  TMFPMarti Number:  119800 of 121340

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.

Phil
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