After TaxTax Playbook

Tax Playbook · Giving, strategically

Donate appreciated stock

Own stock that shot up? Give the shares themselves to charity instead of selling first. You get to deduct what they're worth today, and nobody pays tax on the gain — not you, not the charity. (Give more than $500 of non-cash stuff and there's an extra tax form.)

Good for: Anyone with appreciated stock who gives to charity.

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Educational summary, not tax advice. Limits and rules change — confirm current law with your tax adviser.