Can I donate stock to charity?

Stocks, Charity
Answers
Sort By:
Most Helpful
November 2016
100% of people found this answer helpful

Many 501(c)3 charities will accept appreciated stock as a donation. If the stock happens to be trading less than your cost, it would be better to sell the stock first and take the tax loss. You can then donate the cash.

If the stock happens to be held in an individual retirement account, you can also sell it first, donate the cash and it will not have to be reported as taxable income on your tax return.

November 2016
November 2016
June 2007
November 2016