 |
     
Making gifts of appreciated stock makes sense. There are tax benefits for donors who have owned appreciated stocks for more than one year. Capital gains tax is avoided upon transfer to CoachArt and the donor can receive an income tax charitable deduction for the full market value of the stock on the date of the gift. There is also a possibility, depending on your tax bracket and the size of the gift, to carry the charitable income tax deduction over several years.
 |
