Appreciated Assets Donation Calculator

Information provided by the Tool is general and educational in nature. It is not intended to be, and should not be construed as, legal or tax advice. Fidelity Charitable does not provide legal or tax advice. You should consult an attorney or tax advisor regarding your specific legal or tax situation. ¹Amount of the Proposed Donation is the fair market value of the appreciated securities held more than one year that you are considering to donate. Donors do not have to give entire positions of appreciated securities. They have the ability to contribute individual tax lots or partial tax lots. ²Cost basis is the amount of money you have invested in the shares of a particular fund or individual security. It represents the basic dollar amount that, when compared to the price at which you sell your shares, tells you how much of a capital gain or loss you have realized. ³Select the 15% federal long-term capital gains rate if you have: 1) taxable income of $47,026 to $518,900 with a tax filing status of Single, 2) taxable income of $94,051 to $583,750 with a tax filing status of Married Filing Jointly, 3) taxable income of $47,026 to $291,850 with a tax filing status of Married Filing Separately, or 4) taxable income of $63,001 to $551,350 with a tax filing status of Head of Household. (Note: All values are for tax year 2024.) Select the 20% federal long-term capital gains rate if your taxable income exceeds the top of the applicable range. If your taxable income falls below the bottom of the applicable range, you are subject to a 0% long-term capital gains rate and the tool is not applicable to you. Please note that the long-term capital gains tax rates depicted in the Appreciated Assets Donation Calculator do not take into consideration that long-term capital gain income may also be subject to an additional 3.8% Medicare tax for taxpayers with income at or above a certain threshold. They also do not include state and local taxes on capital gains, the effects of alternative minimum tax, the taxability of Social Security, the cost of Medicare premiums, or any other factors (including your capital gains tax bracket itself) that may be affected by capital gains realization. Please consult with your tax advisor when making decisions pertaining to your specific situation. ⁴ Total Donor Tax Savings reflects the federal income tax deduction less any long-term capital gains tax paid. It does not account for any state and local taxes, alternative minimum tax, or limitations to itemized deductions that may be applicable to taxpayers in higher federal income tax brackets. Additionally, tax savings may be larger than realized if the size of your deduction causes your taxable income to fall below the bracket floor for the federal marginal income tax rate you provided. The federal income tax and long-term capital gains tax rates depicted in the Appreciated Assets Donation Calculator are values that are based on best available information and may be subject to change in future. Rules and regulations regarding charitable tax deductions vary at the state level. In addition, certain rules and/or other limitations may apply based on your individual circumstances. Appreciated Assets Donation Calculator does not take into consideration any limitations on itemized deductions that may apply to certain taxpayers. Appreciated Assets Donation Calculator is to be used for information and educational purposes only and should not be used as the single source to base tax and charitable donation decisions upon. Please consult with your tax advisor when making decisions pertaining to your specific situation.