Ordinary Income Tax Rates

Federal Ordinary Income Tax Rate i Click here for tax rate reference--link to external site will open in new window 10% 12% 22% 24% 32% 35% 37%

State Ordinary Income Tax Rate i Click here for tax rate reference--link to external site will open in new window %

Combined Ordinary Income Tax Rate 0%

Long Term Capital Gain Tax Rates

Federal Long Term Capital Gain Tax Rate i This value automatically determined from Federal Ordinary Income Tax Rate above %

Medicare Surtax i 3.8% only if donor net investment income exceeds $200,000 (individuals), $250,000 (couples filing jointly), or $125,000 for spouses filing separately. 0% 3.8%

State Long Term Capital Gain Tax Rate %

Combined Long Term Capital Gains Tax Rate 33%

Donation Details

Value of Donated Assets $

Cost Basis of Donated Assets $

Assets qualify for long term gain treatment Yes No

Calculate

Results

Scenario 1: Spendable Cash Generated by Sale of Appreciated Assets

Value of Assets Sold $10,000

Tax Due on Long-Term Capital Gains Realized $2,973

Cash Remaining After Taxes Paid i This is the real "spendable" value of your assets, net of taxes due from sale $7,027

Scenario 2: Portfolio Reduction from Gift of Appreciated Assets to Charity

Value of Assets Gifted to Charity $10,000

Value of Tax Deduction to Donor i Assumes donor can utilize full deduction to offset ordinary income $4,763

Net Cost of Gift of Appreciated Assets to Charity i This is the actual cost of your charitable gift; the face value of donated assets minus tax credit received for donation $5,237

Actual Spendable Cash Cost of Charitable Gift i This represents the spending power given up by making the gift: spendable value of assets minus cash cost of charitable gift $2,264

Actual Cash Cost Per $1 Given $0.23

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