Did you know that you can support New Hampshire Public Television’s
mission by donating appreciated assets like stocks, real estate,
works of art, etc. to NHPTV?
Why donate appreciated assets? By donating an appreciated asset to NHPTV you may benefit from
an income tax charitable deduction at the current market value
and not pay capital gains tax on the asset’s appreciation.
Here’s an example:
Margaret has stock valued at $50,000. When she bought the stock
it cost her $5,000. If Margaret was to sell the stock she would
have to report $45,000 in capital gains tax.
At the current tax
rate Margaret would have to pay $6,750 in capital
gains tax. However, if Margaret gave the stock to NHPTV she would
get a charitable income tax deduction of the full $50,000
and would not have to report any capital gains.
For more information on Gifts
of Stock click here.
To learn how easy it is to do this contact: Shelley
Mitchell at 603.686.4397 or |