Tools | Tillman Hartley

Ordinary Income Tax Rates

Federal Ordinary Income Tax Rate i

State Ordinary Income Tax Rate i %

Combined Ordinary Income Tax Rate 0%

Long Term Capital Gain Tax Rates

Federal Long Term Capital Gain Tax Rate i %

Medicare Surtax i

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

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 $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 $4,763

Net Cost of Gift of Appreciated Assets to Charity i $5,237

Actual Spendable Cash Cost of Charitable Gift i $2,264

Actual Cash Cost Per $1 Given $0.23

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