Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.81

0.0%

Dec 26 9:30 AM EST

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To: Jon Koplik who wrote (55089)	12/19/1999 10:36:00 PM
From: lurker	Read Replies (1) of 152472

<The tax implications of donating stock that is up about 20-fold make it real easy to be generous. (Plus, one doesn't have to worry about reaching a holding period of a year and a day for tax reasons).> Have looked into this and found out that in order to take full advantage of tax deductions you must hold stock for one year, otherwise the deduction is only your cost basis. Guess I'll have to wait a few more months and won't get the deduction this year. On the other hand the shares should be worth quite a bit more! Diane

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