$.$December $5,2023$

Ms$.$ Eleanor Young

$2622$ Bayshore Drive

Berkeley, CA $94709$

Dear Ms$.$ Young:

I have evaluated the proposed alternatives for your current year$-$end contribution to the United Way. I recommend that you sell

the Gold Corporation stock and donate the proceeds to the United Way. The four alternatives are discussed below.

A donation of cash, the unimproved land, or the Gold stock will result in a $

Donation of the Blue Corporation stock will result in only a $

charitable contribution deduction.

A direct contribution of the Gold Corporation stock will be a

charitable contribution deduction.

value $,$ deductible and the amount of the charitable contribution would be $

If you sell the

Gold stock and give the proceeds to United Way, the donation of the proceeds will result in a :

charitable

contribution deduction. In addition, sale of the stock will result in a $

$x$ long$-$term capital loss. If you have

capital gains of $

$x$ or more this year, you can use the entire loss in computing your current taxable income. If

you have no capital gains this year, you can deduct $

$$ of the capital loss this year and carry over the

remaining $

$x$ loss to future years.

You should make the donation in time for ownership to change hands before the end of the year. Therefore, I recommend that