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Gifts of Stock and Appreciated Assets
How It Works
- You transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to KCET Community Television of Southern California.
- KCET sells your securities and uses the proceeds for its programs.
Benefits
- You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
- You pay no capital gains tax on the transfer when the stock is sold.
- Giving appreciated stock could be more beneficial than giving cash.
Next
- Frequently asked questions on gifts of stock.
- Contact us so we can assist you through every step.
