Recently retired, out of the loop!! Can anyone tell me what the new rules are for donating UPS stock to charity? Thanks
Do NOT sell the stock and then write a check from a portion of the proceeds to the charity.... you will have to pay capital gains taxes.
xdyaq9 is 100% correct. You can avoid taxes by donating the stock directly. The Mellon web site has forms that you can print that are specifically for the donation of Class A stock. Take some time and take a look at the Mellon web site and you will save yourself money in the end, as well as doing a nice thing by donating to charity.