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Old 03-06-2007, 01:34 PM
Paul Rekow
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Default RE: Donating Stock from Portfolio

I haven't tried this yet but I was thinking about setting up an investment
account for gifted shares. Then sell theshares from that account and use the
cash transactions side of the account to record the gift to charity. I'll
let you know if that works. I would have to set the account up as
non-taxable, I think.
If anyone has any thoughts on this let me know. Thanks, Paul


"Paul Rekow" wrote:

- quote -

> How is the best way to handle donations of stock from the portfolio to
> charities? It the past I have just used the remove shares option and then
> manually entered the value in the tax area. Is there a better or easier way
> to do this where it would be automatic. Thanks for any ideas.

 
Old 03-05-2007, 03:06 PM
Cal Learner-- MVP
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Default Re: Donating Stock from Portfolio

In microsoft.public.money, Paul Rekow wrote:

- quote -

> How is the best way to handle donations of stock from the portfolio to
> charities? It the past I have just used the remove shares option and then
> manually entered the value in the tax area. Is there a better or easier way
> to do this where it would be automatic. Thanks for any ideas.


I don't know a better way, but pay attention when you have Money
generate your schedule D info to make sure to remove any associated
Sell entry Money might put there.
  #-1  
Old 03-05-2007, 02:07 PM
Paul Rekow
Guest
 
Posts: n/a
Default Donating Stock from Portfolio

How is the best way to handle donations of stock from the portfolio to
charities? It the past I have just used the remove shares option and then
manually entered the value in the tax area. Is there a better or easier way
to do this where it would be automatic. Thanks for any ideas.
 

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donating, portfolio, stock
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