Donating to your favorite charity? Consider donating stock that has appreciated:
Updated: Dec 16, 2020
Many of you are making year end donations to your favorite charity. Consider donating stock that has appreciated.
If you've owned the stock more than a year, the full current value of the stock is a tax deduction. You don't have to pay taxes on the appreciation and the charity can cash out the full value of the stock.
If you have questions, please let us know.