36 Chambers of Taxes

Avoid Capital Gains Tax by Donating Stock

February 19, 2024 Jamaal "Crypto J" Solomon Season 1 Episode 21
Avoid Capital Gains Tax by Donating Stock
36 Chambers of Taxes
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36 Chambers of Taxes
Avoid Capital Gains Tax by Donating Stock
Feb 19, 2024 Season 1 Episode 21
Jamaal "Crypto J" Solomon

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!"
Let’s Go!

Support the Show.

Looking for a new accountant? Free 20 minute consultation: https://jstaxcorp.hbportal.co/schedule/6544f8dac5128d0027c0f003

FREE weekly tax group sessions: https://pensight.com/x/jamaalsolomon/new-group-event/4ce5aeeb-0ca9-47dd-9219-e6d8fcf7dcf8

J.S. Tax Corporation's website: www.jstaxcorp.com

Help us by becoming a paid subscriber: https://www.buzzsprout.com/2287413/support

Youtube page: https://www.youtube.com/@36chambersoftaxes

Ebook: https://www.amazon.com/Good-Guys-Tax-Journey-Part-ebook/dp/B00FMGH9P6

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Show Notes

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!"
Let’s Go!

Support the Show.

Looking for a new accountant? Free 20 minute consultation: https://jstaxcorp.hbportal.co/schedule/6544f8dac5128d0027c0f003

FREE weekly tax group sessions: https://pensight.com/x/jamaalsolomon/new-group-event/4ce5aeeb-0ca9-47dd-9219-e6d8fcf7dcf8

J.S. Tax Corporation's website: www.jstaxcorp.com

Help us by becoming a paid subscriber: https://www.buzzsprout.com/2287413/support

Youtube page: https://www.youtube.com/@36chambersoftaxes

Ebook: https://www.amazon.com/Good-Guys-Tax-Journey-Part-ebook/dp/B00FMGH9P6