Gifts of Stock
Giving appreciated stocks immediately adds a tax advantage over making the same gift in cash.
The income-tax benefit is identical to that of cash: the donor can deduct the fair market value of the gift. Giving stocks and mutual funds, however, provides that the long-term capital gain (LTCG) is not recognized on their tax return, so the donor avoids any LTCG tax due on the appreciation.
If you would like to support Good Karma Bikes through a gift of stock. Please follow these instructions and download our stock transfer letter. Thank you!