Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Because of events not under my control, this years income will be higher than normal. We have opened a Donor Advised Fund with appreciated stock. The value is approximately 30% of our projected income. There will also be some small cash donations. Donation of non-cash (household items) is minimal.

Deduction of appreciated stock is limited to 30% of income. Cash donation limit is 50%. Having made appreciated stock donation of approximately 30%, am I correct that donations of up to 20% of cash would still be deductible?

Still looking at the consequences of Social Security not being taxable by the state but taxable by the feds.
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.