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Fred Wilson had a recent post where he explained how donating stock that has highly appreciated can mean a $100 donation is effectively $12 from you and $88 fro
by ikeboy 9y ago
Fred Wilson had a recent post where he explained how donating stock that has highly appreciated can mean a $100 donation is effectively $12 from you and $88 from federal and state governments. See https://avc.com/2018/05/giving-publicly-traded-stock-to-charity/ https://avc.com/2018/05/giving-publicly-traded-stock-to-char...
- mmastrac 9y agoI'm not a US tax expert, but crypto would work the same as appreciated shares in Canada with similar numbers. Even then, you're still out $12. Though magnifying the impact of a $5M effective contribution to $55M with donations to causes that I support is tempting.
- hndamien 8y agoAnd forcing the Government to spend on something that you want rather than what the Government/ society would want.
- mkirklions 9y agoCan I do this with Bitcoin?
- ikeboy 9y agoIf you have taxable gains, presumably. Are you in a high-tax state?
- mkirklions 9y agoMy household income is going to be over 200k this year...