I have some stock that have some long term gains, I would like to donate this stock. I would like to avoid paying capital gains. After donating my appreciated stock can I immediately turn around and buy some more of the exact same stock? I know the tax man frowns on selling a security as a loss and then turning around and buying it again within 30 days. Does this 30 day wash law also apply to donations of appreciated stocks? Thanks,
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat