Donating appreciate securities, such as stock or mutual funds, to Voices for Children if a tax wise approach to supporting children in need. Donating appreciated stocks and mutual funds offer attractive tax advantages.
Benefits that are available to you may include:
- Avoiding federal and/or state tax on the capital gain
- Receiving an income tax deduction for the full market value of the gift if you itemize deductions on your tax return and have held the assets one year or longer
- Making a larger gift at a lower original cost to you
Transfer your securities by DTC through your broker. To learn how to easily transfer your securities by DTC, please email email@example.com or call (954) 367-9185.