Stock Gifts Could Amplify Tax Benefits in Trump Accounts
The Trump administration is weighing allowing stock donations to "Trump Accounts" for American children, a move that could let donors avoid capital gains taxes on appreciated shares while deducting their value, potentially driving more high‑net‑worth gifts. Whether this would require new legislation or can be done via Treasury guidance is unclear, and experts are divided. While attractive to ultra‑rich donors, it may not be a game‑changer and could face Congressional hurdles; considerations include AGI deduction caps and the potential impact on estate taxes.
