Tax rules allow donors of long-term held stock to take an income tax deduction based on the fair market value of the stock, subject to adjusted gross income limitations, in the tax year the donation is made.

Authors

• Person: Not available Organization: J.P. Morgan Private Bank
  Three ways to extend tax benefits of a loss harvesting strategy

Sources

• Three ways to extend tax benefits of a loss harvesting strategy privatebank.jpmorgan.com J.P. Morgan Private Bank via serper

Referenced by nodes (1)

• adjusted gross income concept