Giving Stock to Visiting Nurse | Hospice Atlanta
If you’re thinking about making a donation to a non-profit organization, you may want to look through your portfolio before writing that check. That donation might be deducted on your federal income tax return as an itemized deduction. Many donors prefer a stock gift to outright cash because of the tax benefits. This is because some of those stocks may have substantial unrealized gains.
When you earn too much to receive Medicaid but too little to afford private health insurance, you're caught between a rock and the emergency room.
It's a dilemma detailed in journalist Mike King's book A Spirit of Charity about the fractured funding of America's public hospitals and clinics, a problem that also results in a lack of home health services for people without insurance.