Bergerson Tax Services - Donate Appreciated Stock to CharityThis is an excellent tax saving strategy. If you have owned stock more than 1 year, you can deduct the full value of your donation and escape paying any income tax on the appreciation. That is a double tax break.

Giving appreciated stock is also a good way to make gifts to your children. If the child is 14 or older when the gift stock is sold and more than a year has passed since you acquired the stock, the gain would likely be at 5%.