Typically, when contributing long-term capital assets like stock or crypto to a donor-advised fund, the member is eligible to take an immediate tax deduction for the full market value of the asset in the calendar year when the contribution is made. In the case where such asset is valued above its initial purchase price, you are not responsible to pay a capital gains tax on the gain. This can represent a significant tax saving over selling the asset and donating the proceeds. It is always best to consult your tax specialist to understand your specific situation when making a stock or crypto contribution.

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