Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Ideas on reducing taxes on a huge capital gain"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]I am confused about how one benefits personally by making the donations. Donations are great! So, make them! But how does it save you money if you are giving the money away anyway? Now reading that OP made millions of dollars, I agree that they should be paying for a professional and then telling everyone here what they learned. [/quote] The difference is using “regular” money you’ve paid income taxes on, versus, say putting appreciated stock into a DAF. You don’t pay capital gains gains on that stock, it goes into the DAF, and you take a large tax deduction in the year you put the money in. The money can also go tax free, all for the benefit of the charity. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
