| Type of Property |
Public Charity or Community Trust |
Support Organization |
Private Foundation |
Private Operating Foundation |
Pass-Through Foundation |
|
|
|
|
|
|
|
| REAL ESTATE & INTANGIBLE PERSONAL PROPERTY 1 HELD MORE THAN 1 YEAR |
| -- |
Amount of
Deduction |
| -- |
| AGI Limitation |
|
--
--
--
--
--
-- |
| -- |
FMV |
| -- |
| 30% 2 |
|
--
--
--
--
--
-- |
| -- |
FMV |
| -- |
| 30% 2 |
|
--
--
--
--
--
-- |
| -- |
Cost
Basis 3 |
| -- |
| 20% |
|
--
--
--
--
--
-- |
| -- |
FMV |
| -- |
| 30% 2 |
|
--
--
--
--
--
|
| -- |
FMV 4 |
| -- |
| 30% 2 |
|
| TANGIBLE PERSONAL PROPERTY HELD MORE THAN 1 YEAR |
| -- |
Amount of
Deduction |
| -- |
| AGI Limitation |
|
--
--
--
--
-- |
| -- |
FMV 5 |
| -- |
| 30% 2 |
|
--
--
--
--
-- |
| -- |
FMV 5 |
| -- |
| 30% 2 |
|
--
--
--
--
-- |
| -- |
Cost Basis |
| -- |
| 20% |
|
--
--
--
--
-- |
| -- |
FMV 5 |
| -- |
| 30% 2 |
|
--
--
--
--
-- |
| -- |
FMV 4,5 |
| -- |
| 30% 2 |
|
| REAL ESTATE & ALL PERSONAL PROPERTY HELD LESS THAN 1 YEAR |
| -- |
Amount of
Deduction |
| -- |
| AGI Limitation |
|
--
--
--
--
--
-- |
| -- |
Cost
Basis |
| -- |
| 50% |
|
--
--
--
--
--
-- |
| -- |
Cost
Basis |
| -- |
| 50% |
|
--
--
--
--
--
-- |
| -- |
Cost
Basis |
| -- |
| 30% |
|
--
--
--
--
--
-- |
| -- |
Cost
Basis |
| -- |
| 50% |
|
--
--
--
--
--
-- |
| -- |
Cost
Basis |
| -- |
| 50% |
|
| ORDINARY INCOME PROPERTY |
| -- |
Amount of
Deduction |
| -- |
| AGI Limitation |
|
--
--
-- |
| -- |
Cost
Basis |
| -- |
| 50% |
|
--
--
-- |
| -- |
Cost
Basis |
| -- |
| 50% |
|
--
--
-- |
| -- |
Cost
Basis |
| -- |
| 30% |
|
--
--
-- |
| -- |
Cost
Basis |
| -- |
| 50% |
|
--
--
-- |
| -- |
Cost
Basis |
| -- |
| 50% |
|
| Footnotes
1. Intangible personal property includes securities and partnership
interests.
2. 50% AGI limitation election is available when cost basis deduction is
taken.
3. If publicly traded stock held for more than one year is contributed,
an FMV deduction is available.
4. If the foundation distributes an amount equal to 100 percent of the
value of contributions made within 2½ months
of year end.
5. If charity's use of property is related to its exempt purposes.
Otherwise, cost. |
Tax Guide 
