Donating long-term appreciated securities to BSN benefits families affected by neurological disorders and potentially you as well! Gifts of long-term appreciated securities may have tax advantages that could maximize your gift and reduce your taxes.
Potential benefits of donating stock may include:
- Reducing federal and state tax on the capital gain;
- Receiving an income tax deduction (federal and most states) 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.
Prefer to make a traditional contribution via credit card? Click here to donate.