Here's how to donate stock to charity in 2021: Via ForbesAdvisor
“By the time you sell the stock and pay the taxes, you’re losing 25% to 35% of the value,” says Kelly Elsensohn, a wealth advisor and certified public accountant at WealthSource, a national wealth management firm.
Elsensohn recommends bunching deductions, or making all of your charitable donations for the next few years in one year, so you can itemize an amount that’s higher than the standard deduction. “The higher your income, the greater the tax benefit,” says Elsensohn. But earning a moderate income shouldn’t necessarily deter you from donating stock.
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