StockDonator : sample
Stock Donations

Another article in Kiplinger describes benefits of donating Stock

By November 16, 2011 November 15th, 2018 No Comments

Kimberly Lankford, Contributing Editor at Kiplinger’s Personal Finance describes how When giving a gift, how your investment has fared will make a big difference on your taxes.

She says that the bigger the capital gains, the more advantageous it is to donate stock over cash.

She also says that before a donor gives away stock, they should first make sure the charity is set up to deal with the gift. Some small charities don’t have brokerage accounts and may have a tough time selling the stock or mutual funds.

Read more:

Calculate your tax savings using our stock donation calculator.