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Feb. 19, 2024

Avoid Capital Gains Tax by Donating Stock

Avoid Capital Gains Tax by Donating Stock

Depending on your income bracket, you could be taxed up to 20% on your capital gains. However, if you donate this stock to a charity instead of selling it, neither you nor the charity have to pay taxes on it. In this episode, we will learn how you can avoid capital gains tax by donating stock.

My name is Jamaal “Crypto J” Solomon, founder of J.S. Tax Corporation. The goal of this podcast series to give you REAL tax advice in 7 minutes or less. You literally have no excuses!

Here is my Source Award pitch to you……

Any taxpayer out there that want to be tax savvy and want to stay a star, and don't have to worry about their tax accountant trying to be all in the tik tok videos, all on the YouTube, dancing... come to J.S. Tax Corporation!"
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