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Financial Planning / Tax Strategies


Subject:  Re: Donating appreciated stock Date:  10/9/2013  3:02 PM
Author:  JeanDavid Number:  119281 of 127753

A side benefit of donating stock, appreciated or not, to an IRS approved worthy cause is that you need not establish the cost basis. From time to time, I get a spin-off of stock that is so few shares that selling it is more than the commission. When I get sick of it, I just transfer it to a worthy cause.
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