You're interested in contributing $5,000 to a charitable cause, and you have three alternatives to consider:  can donate some shares in Apple that you own, which cost you $3,000 a few years ago and are now worth $5,000. you can donate a painting that you bought last year for $3,000, and which an art appraiser has told you is now worth $5,000 none of these you can write a cheque for $5,000

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When considering charitable donations its important to understand the tax implications associated wi... View the full answer