The total of the deductible loss and the charitable deduction may actually be more than the current value of the investment. You report the income on your tax return and take a corresponding deduction for your gift. Or consider another option. These can also make convenient tax-deductible charitable gifts. And don't overlook the opportunity to double the impact of your gifts.
Many employers match their employees' charitable gifts.
Check to see if this may apply to you. Today As you can see, there are a number of ways you can make meaningful gifts by carefully considering the timing of your gifts and the property you choose to fund them. All rights reserved.