Have Appreciated Stock to Donate?
- John Schaaf
- 3 days ago
- 1 min read
Assume you bought a stock for $5K that has appreciated to $30K. If you sell the stock and donate $30K to charity, then you have to recognize $25K of gain and might be able to deduct some or all of the $30K if you itemize. Instead of selling the stock and donating cash, consider donating the stock to charity and telling them to sell it to generate the cash they need. If you do, then you don’t recognize any of the gain and still might be able to deduct some or all of the $30K if you itemize.





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