Gifting appreciated stock has varying tax consequences
May 13, 2013
Here are a few things to consider when making gifts of appreciated stock. If you are gifting to a qualified charity, you get a deduction for the fair market value of the stock even though your basis (cost) is less than the current value. When the charity sells the stock, there are no taxes due since qualified charities pay no...
Tags: appreciated stock gifting
Category: Taxes