• Consider Donating Appreciated Stock & Mutual Funds

    Consider Donating Appreciated Stock & Mutual Funds

    Consider Donating Appreciated Stock & Mutual Funds In some rare cases, making a tax savings move can benefit you in more than one way. This is the case with direct contribution of qualified investments, such as stock, owned more than one year that have appreciated in value. One way to reduce your tax bill this year is to donate appreciated stock to a charity of your choice versus writing a check. This part of the tax code provides a tax benefit to you in two ways: Higher deduction. Your charitable gift deduction is the higher Fair Market Value of the

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