Donation of Securities Calculator

Use the Donation of Securities Calculator to generate a summary of the tax implications and other financial details of your charitable donation.

Enter the investment information in the boxes below and press the Calculate button

Market Value of Security ($):		$
Adjusted Cost Base of Security ($):		$
Investor's Marginal Tax Rate (%):		%

The calculation results are presented in the chart below.

	Sell Security	Donate Security
Market Value of Security	$ 50000	$ 50000
Adjusted Cost Base	$ 25000	$ 25000
Capital Gain	$ 25000	$ 25000
Taxable Gain	$ 12500	-
Investor Tax Rate	45%	NA
Income Tax Payable	$ 5625	-
Tax Savings		$ 5625

Alternative Minimum Tax may apply to specific scenarios which are not accounted for in this illustration.

Note: The annual limit for claims in respect of charitable donations is generally 75% of net income for the year. This limit is increased to 100% in the year of death or the year prior.

The information contained herein is based on current tax legislation and is intended for illustration purposes only. While care is taken in the preparation of this document, no warranty is made as to the accuracy or applicability in any particular case.

The information provided is general in nature and is intended to highlight various tax planning issues. This information should not be relied upon or construed as legal or tax advice. Readers should consult with their advisors, lawyer and tax professionals for advice before employing any of these strategies.