Gift of Appreciated Property

Property other than cash can make an excellent tax-wise gift especially if it has increased in value.  Appreciated securities such as stocks, bonds, or mutual funds when sold generate a taxable capital gain.  A gift of appreciated property...

• ... can be deducted at full fair market value if held longer than twelve months.


• ... can be deducted up to 30% of your adjusted gross income with any excess deduction carried forward for five years.


• ... can help you avoid capital gains, a smart and tax-wise way to give.