Comparison graphic showing how donating assets directly yields a 59% tax benefit while selling first drops the benefit to 38% due to capital gains tax.

Why Selling Before Donating Is a Costly Tax Mistake (Stock & Crypto)

Why Selling Before Donating Is a Costly Tax Mistake (Stock, Crypto, Real Estate Examples) TL;DR: Selling appreciated assets before donating permanently reduces your tax benefit. Using a $100,000 asset with a $50,000 cost basis, donating directly can produce an effective tax benefit of roughly 59%, while selling first drops that benefit to about 38%. The […]