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You are eligible for an income tax deduction for the full fair market value of securities you have owned more than one year—subject to the usual limitations—usual capital gains taxes will be avoided on the sale of these assets. Contact your tax advisor for details.
How It Works:You transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year directly to SCLA. |
Benefits:You are eligible for an income tax deduction for the fair market value of the securities on the date of transfer (even if you originally paid less for them). Instructions:To transfer your stock to SCLA send an email to SpiderChainOfLakes@gmail.com ATTN: Investment Committee Chair with:
Instructions For Your Financial Institution:
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