can I gift bonds to charity and not pay tax?

posted by jalinski on Jul 19, 2010

Apparently you can’t gift bonds after all.

The ironic thing is that you would think you could, because current law allows a donor to gift stick to charity and not pay capital gains. So, this may be a reason why you may not want to buy and hold long term savings bonds. 

Page 4 of http://www.treasurydirect.gov/instit/savbond/guide/bondtell/bondtell_0500.pdf

Also see the Treasury regulations at http://www.treasurydirect.gov/forms/savdc3-80.pdf

1 Comment
Nini December 29, 2014

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