NUA and Utilizing a CRUT
Can you utilize NUA with a portion of the stock (assuming it’s done within 1 year) and transfer company stock into a CRUT without accelerating capital gains? Thank you.
Can you utilize NUA with a portion of the stock (assuming it’s done within 1 year) and transfer company stock into a CRUT without accelerating capital gains? Thank you.
Permalink Submitted by Alan - IRA critic on Thu, 2023-04-20 23:56
Yes, this is no different than any other donation of appreciated shares. Using NUA shares will provide diversification without current cap gains taxes, although the future CRUT payouts may include cap gain income.