4 ms·
EDIT: this was wrong, did research and you actually have to hold for a year Original: Holding a year or not doesn't matter for donating appreciated assets, AIU
by ThrustVectoring 5y ago
EDIT: this was wrong, did research and you actually have to hold for a year
Original: Holding a year or not doesn't matter for donating appreciated assets, AIUI
- Bedon292 5y agoIf you don't hold it for the year you still don't realize the capital gains, but you only get to deduct the cost basis. After a year you get to deduct the current value.