Appreciated publicly traded stock you’ve held more than one year is long-term capital gains property. If you donate it to a qualified charity, you may be able to enjoy two tax benefits:
Donating appreciated stock can be especially beneficial to taxpayers facing the 3.8% net investment income tax (NIIT) or the top long-term capital gains rate this year.
In order to donate shares of stock, please contact:
Raymond James Financial Services:
FAO: Parents Television Council Inc.