You can reduce tax on your future capital gain when you donate an appreciating stock: You might have a stock portfolio that you love and might prefer to hold on to for as long as possible. It’s even better when such stocks appreciate because you get significant gains when you eventually sell it off. You can donate some of your appreciated shares and then acquire new ones at an updated price, to help improve your cost base. This will reduce your future capitadonation tax exposure if the stock continues to grow in value.
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