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| Owners of appreciated
assets can obtain substantial tax benefits by transferring those assets
directly to a Masonic charity.
Donors of appreciated securities held long-term (i.e. more than one year and one day) will receive an income tax deduction equal to the fair market value of the stock on the effective date of their gift with no tax incurred on the appreciation. Gifts of long-term appreciated securities are deductible up to 30% of adjusted gross income with a five-year carryover for any "excess" deduction amounts. |
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