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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: carl a. mehr who wrote (27761)	8/2/1999 11:55:00 PM
From: djia101362	Read Replies (1) \| Respond to of 74651

Carl, <Common sense dictates that you also sell shares and make a taxable gain equal to the donation described above. Presto, gain is offset by donation and no tax results.> FYI, there is a limitation on the amount of charitable contributions one can deduct for income tax purposes. You can NEVER offset all of your income by making charitable contributions no matter how much you donate. Common sense tells you that you better read the tax laws or seek the advice of a tax professional before you end up with a tax liability you did not plan on. Remember folks, it's never too late to buy msft!!