 |
STOCK OR SECURITY GIFTS
Stock or Security Gifts No matter what tax
bracket you are in, making gifts of appreciated stock makes sense. Tax benefits
for a donor who has owned appreciated stocks for more than one year are
two-fold: capital gains tax is avoided upon transfer to BBBS and the donor can
receive an income tax charitable deduction for the full market value of the
stock on the date of the gift. Depending on your tax bracket and the size of
the gift, there may be an opportunity to carry the charitable income tax
deduction over several years. To establish a plan contact:
contribute@bbbsa.org |
