Gifts of Appreciated Securities
When planning for future gifts, it is smart to consider both charitable intent and income tax efficient techniques. The kind of asset used to fund the gift is critical. Typically, donors look for ways to generate the most favorable tax benefits by giving long-term appreciated property such as publicly traded securities.
- You receive a tax deduction on your federal income taxes for the market value at the time of donation.
- You avoid long-term capital-gain tax on any appreciation in the value of the stock.
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