Outright Gift
Value of Gift (Cash, Securities or Property)
You may choose cash, appreciated assets or a
combination of both.
combination of both.
Cash Amount Donated
Appreciated Assets Donated
Your Potential Charitable Income Tax Deduction:
$xxxxxx
Your Income Tax Savings:
$xxxxxx
Your Potential Capital Gains Tax Eliminated:
$xxxxxx
Deductible up to 60% of your adjusted gross income for cash gifts.
Deductible up to 30% of your adjusted gross income for appreciated property owned for more than one year.
Unused amount may be carried over for up to five additional years.
Deductible up to 30% of your adjusted gross income for appreciated property owned for more than one year.
Unused amount may be carried over for up to five additional years.
This amount is based on your potential deduction and the income tax bracket entered in Step 2.
This is based on a long-term capital gains tax rate of xx% on the difference of your cost basis and the fair market value. It assumes a gift of appreciated real estate or marketable securities you've owned for more than a year. For other assets, see your tax professional.
Please note that the green bars are displayed using a percentage value, rather than a numeric value.
Copyright © The Stelter Company, All rights reserved.The information in this illustration is not intended as tax or legal advice. For tax or legal advice, please consult an attorney or CPA.
Figures cited in examples may not reflect your personal circumstances, are for hypothetical purposes only and are subject to change.
References to estate and income tax include federal taxes only. State income/estate taxes or state law may impact your results.