Stock Donations to Family of Bruce International
Donating appreciated stock is an efficient way to make a charitable gift. It’s easy and it saves the donor from paying capital gains taxes. If you itemize your deductions, you are eligible to deduct the full fair market value of the stock, up to IRS limits. With the stock market near all-time highs, utilizing appreciated stock for charitable gifting is worth considering. Effectively you’re able to contribute 20% more than if you sold the stock and paid capital gains taxes.
Please contact Robert Bruce for questions or additional information on this process. For questions please email, familyofbruceinternational@gmail.com