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Technology Stocks : Dell Technologies Inc.

DELL 124.29

-2.3%

10:18 AM EST

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To: Dell-icious who wrote (84101)	12/7/1998 5:48:00 PM
From: JBird77777	Read Replies (3) of 176387

RE: Donating stock In the past, either I already had the stock certificate or asked my brokerage firm to send me one for the no. of shares I wanted to donate. Then I signed over the certificate to the charity. The charity's policy was to immediately liquidate all donated securities, so it would deposit the certificate into its brokerage account (set up for this purpose), liquidate it, and deposit the proceeds into its general fund. Incidentally, when donating stock, for tax purposes I don't think it matters how long you have held it. I think that the donor gets a charitable deduction for the fair market value of the stock, and pays no taxes on the unrealized gain (if any). JB

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