5YR DEFERRAL CONTRACTS
HAVE A CLIENT WITH SEVERAL 5YR DEFERRAL CONTRACTS WITH LOW COST BASIS (HIGH TAXES).
A. CAN THEY BE TURNED OVER TO A CHARITY, RECEIVE AN INCOME, TAX CREDIT AND PAY NO TAXES ON THE GAINS?
THANK YOU
DOUGLAS
HAVE A CLIENT WITH SEVERAL 5YR DEFERRAL CONTRACTS WITH LOW COST BASIS (HIGH TAXES).
A. CAN THEY BE TURNED OVER TO A CHARITY, RECEIVE AN INCOME, TAX CREDIT AND PAY NO TAXES ON THE GAINS?
THANK YOU
DOUGLAS
Permalink Submitted by Douglas Bauerband on Fri, 2019-04-12 19:58
any information at all? Thank you