Maximize You Gift to JA by Donating Appreciated Securities
- Receive an income tax deduction (federal and most states), subject to phase-outs and limitations, for the full market value of your gift if you itemize deductions on your tax return and have held the assets one year or longer.
- Avoid federal and state tax on the capital gain.
- Make a larger gift at a lower original cost to you.
Example Federal Tax Benefits of Contributing Highly Appreciated Stock vs. Cash:
Source: Harvard Alumni
Contact the JA of San Diego office to learn more about gifting appreciated securities.
Phone: (619) 682-5155
Fax: (619) 682-5159