I know that if you donate stocks to a charity you can deduct the current (at time of gift) market price as a charitable contribution and not pay capital gains on the stock. What it you give stocks to a child? Specifically what if I give stock to a child to sell to pay for college expenses? Do I side step the cap gains tax and my child has gains based on the value of the stock at the time of the gift? The value of the stock is < 10K and child is > 18 with no other income.~Stillwell
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