Gifts of long-term appreciated stock and mutual fund shares, real estate or other appreciated gifts are an easy way to make a lasting contribution to the Salvation Army.
- Income Tax Savings - For securities you have owned for more than one year, you can take an income tax deduction for the full market value, up to 30% of your adjusted gross income. The excess can be carried forward for up to 5 years.
- Capital Gain Tax Savings - Avoid capital gain taxes you would have incurred if you had sold the stock or mutual fund shares.
For more information, contact Clyde Preston at 954-856-5391 or by email at firstname.lastname@example.org.