DID YOU KNOW YOU CAN DONATE STOCKS?
DO YOU HAVE STOCK OR A MUTUAL FUND THAT HAS APPRECIATED SIGNIFICANTLY SINCE YOU BOUGHT IT?
HAVE YOU OWNED THESE ASSETS FOR OVER A YEAR? ARE YOU LOOKING FOR A WAY TO MAXIMIZE YOUR TAX SAVINGS AND DONATE TO A WORTHY CAUSE? If you answered “yes” to the above, let’s talk!
Did you know you can gift your stock directly to Hope’s Path and not incur any Long-Term Capital Gains (LTCG) and qualify for a tax deduction up to 30% of you Adjusted Gross Income?
Say you bought shares worth $5,000 five years ago. The company has performed very well, and those shares are now worth $50,000! Wow! Really great…until you realize that the LTCG could take a bite of 15% out of those proceeds. Take a look below.
Quite a bit of savings! If you are interested, please reach out to Jessica Colon at Position Wealth (281-968-5607) and she can help walk you through the very simple process.
1 Total Donor Tax Savings reflects the federal income tax deduction less any long-term capital gains tax paid. It does not account for any state and local taxes, alternative minimum tax, or limitations to itemized deductions that may be applicable to taxpayers in higher federal income tax brackets. Additionally, tax savings may be larger than realized if the size of your deduction causes your taxable income to fall below the bracket floor for the federal marginal income tax rate you provided.
HAVE YOU OWNED THESE ASSETS FOR OVER A YEAR? ARE YOU LOOKING FOR A WAY TO MAXIMIZE YOUR TAX SAVINGS AND DONATE TO A WORTHY CAUSE? If you answered “yes” to the above, let’s talk!
Did you know you can gift your stock directly to Hope’s Path and not incur any Long-Term Capital Gains (LTCG) and qualify for a tax deduction up to 30% of you Adjusted Gross Income?
Say you bought shares worth $5,000 five years ago. The company has performed very well, and those shares are now worth $50,000! Wow! Really great…until you realize that the LTCG could take a bite of 15% out of those proceeds. Take a look below.
Quite a bit of savings! If you are interested, please reach out to Jessica Colon at Position Wealth (281-968-5607) and she can help walk you through the very simple process.
1 Total Donor Tax Savings reflects the federal income tax deduction less any long-term capital gains tax paid. It does not account for any state and local taxes, alternative minimum tax, or limitations to itemized deductions that may be applicable to taxpayers in higher federal income tax brackets. Additionally, tax savings may be larger than realized if the size of your deduction causes your taxable income to fall below the bracket floor for the federal marginal income tax rate you provided.