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


To: carl a. mehr who wrote (27764)8/3/1999 2:10:00 AM
From: djia101362  Respond to of 74651
 
Carl, without going overboard on this subject and for fear of losing my job from giving too much free advice LOL, charitable contributions are limited to either 20%, 30%, or 50% of your adjusted gross income depending upon the type of property donated as well as the type of organization you donate it to.

As for your reference to the alternative minimum tax, you are correct in that contributions of appreciated property is no longer a tax preference item but I don't believe the AMT is an issue due the limitations mentioned above.

In your stated example of contributions used to offset substantial capital gains, this could never happen under our current tax system.

Remember folks, it's never too late to buy msft!!