Determining Fair Market Value (FMV) for a stock gift is like hitting the sweet spot in valuation! For publicly traded stocks, it's simple: take the average of the stock's high and low prices on the day of the gift—instant FMV. But when it comes to private company stocks, the game changes. You'll need a professional appraisal, considering factors like the company’s income, assets, and comparable companies. That’s where services like Eqvista come in handy. They provide expert valuations, ensuring your FMV is accurate, so you can gift confidently without triggering tax surprises. Make sure your stock’s FMV is as polished as your generosity!