Talk:Donating appreciated securities

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Reader feedback: Please emphasis that this on... posted this comment on 9 December 2016 (view all feedback).

Please emphasis that this only works for a Vanguard Brokerage Account. It is virtually impossible to do from an investment account (I didn't even know there was such a distinction and its not obvious from their web pages). When this transaction from my investment account was refused the help desk was clueless and said I had to cash out to transfer or the charity had to have an account with them. They did not suggest a viable solution. Finally, I discovered I could upgrade to a brokerage account and get it done.

Is this relevant information for the wiki page? LadyGeek 22:23, 9 December 2016 (EST)

I would like confirmation from others before putting it on the page. I donated appreciated securities from my mutual fund account years ago with no problem, and there is a form for doing it, but the brokerage-to-investment-account merger may have changed things. (I can't confirm it myself because I now hold everything in a brokerage account.) Grabiner 22:35, 9 December 2016 (EST)

Reader feedback: Is the comment about holding... posted this comment on 28 December 2016 (view all feedback).

Is the comment about holding the securities for more than one year strictly true? Or, is it the case that you can forgo paying tax on the long-term portion of the capital gains? The situation I have in mind is where a retiree takes stock with net unrealized appreciation. There would immediately be a long-term component to the capital gains, although you would have to wait a year to avoid any short-term gains.

Any thoughts?

Peculiar Investor 11:01, 30 December 2016 (EST)

Reader feedback: IRS 526 indicates that the d... posted this comment on 14 January 2017 (view all feedback).

IRS 526 indicates that the deduction is limited to fair market value minus what would have been a short-term capital gain. That is, basis plus long-term capital gain. That is not exactly the same thing as holding the securities for more than one year.

Any thoughts?

Peculiar Investor 09:29, 14 January 2017 (EST)