SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Critical Investing Workshop
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: voop who wrote (480)12/29/1999 12:47:00 PM
From: gdichaz  Read Replies (1) of 35685
 
voop: Need to be careful that the stock has been owned by you for over a year, then donation is on current price (average of day's high and low) on day donated. You receive credit for market price in calculating donation. And charity pays no capital gains tax, and of course neither do you.

Reason need to be sure have held over a year is that if held for a shorter period, then the basis for your donation is what you paid, not market value when donated. In a case such as the Q, that is a major difference.

Donation of stock is win win - for the charity and for you.

As always be sure your tax lawyer and accountant advise you on this, and be careful never to take anything posted here at face value (except perhaps V's predictions).

Best.

Chaz
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News