Using our online tax credit calculator will enable you to compare the tax advantages when donating publicly traded securities to donating cash.
Simply enter the current value of shares you are considering donating and the original cost of the shares.
The elimination of the capital gains tax on gifts of appreciated securities may create a significant tax advantage for you depending on your financial situation.
|Results||Sell Securities & Donate Cash||Donate Securities|
|Taxable portion of capital gain|
|Tax liability on capital gain|
|Net tax savings|
A minimum value of $1,000 or more will be accepted. This minimum reflects the high cost of processing gifts of securities due to costs such as the brokerage commission and market changes.