Planned giving offers a number of tax benefits to its donors. Which of the following is not one of its benefits?
a. Donors who contribute appreciated property, such as real estate, receive a
charitable deduction for the entire market value of the property.
b. Donors who fund gifts with appreciated property, pay no upfront capital gains
taxes on the transfers.
c. Donors pay only 25% of the capital gains tax on the transfer of real estate
that was used to fund a gift.
d. Gifts payable to the charity upon the donor's death are exempt from estate
tax.
C
You might also like to view...
Retirement income for older women is about ______ percent of that for men.
a. 90 b. 75 c. 55 d. 35 e. 30
Of the following, which offense is most common among youths who are delinquent?
A. crimes against persons B. public order offenses C. property crimes D. drug offenses
Policy advocates are often unable to affect change due to legal restrictions on public and private agencies limiting their ability to engage in advocacy activities
Indicate whether the statement is true or false
The 1980’s were characterized by all but the following as it relates to social welfare
a) Most of the social welfare programs still existed. b) Programs were declining in effectiveness. c) New funding was guaranteed for established programs. d) New, pressing social problems were neglected.