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Old 07-27-2010, 07:01 AM
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Jim VB
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Quote:
Originally Posted by egbeachley View Post
Same thing really. The income earned and deduction made cancel each other out.
Using the donation of appreciated stock as an example, it's NOT the same thing. When I donate stock to a charity, I get a deduction at the current price and never have to pay capital gains on the appreciation.
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