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Financial Planning / Tax Strategies


Subject:  Re: Donating appreciated stock Date:  10/9/2013  2:51 PM
Author:  TMFPMarti Number:  119280 of 124819

Is Pub 526 the best reference on donating appreciated stock to a charity ?

The benefit of donating appreciated stock is that I get to deduct the full market value of the stock but do not have to pay taxes on the long term capital gain. Is this correct ? This would not be true if the gain is short term ?

Yes on all fronts.

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