Stock

Gifting Appreciated Stock: It’s a win-win!

Post by the Finance Committee

Given just how far the stock market has risen in the past several years, many investors are fortunate enough to have investments that have appreciated in value substantially. That's good news for the value of your investment portfolio, but if you own those investments in a taxable account, then you'll have to pay what could be a substantial amount of tax on the capital gains that those investments have earned since you bought them. Even at preferential long-term capital-gains rates, the prospect of paying as much as 20% of your hard-earned gains to the IRS probably isn't the kind of charity you had in mind.