Donating appreciated stock to charity requires the stock to be held long-term to be considered qualified; if held for one year or less, the investor can only deduct the cost basis rather than the appreciated fair market value.

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)

• cost basis concept