Donate Some Shares, Sell Some

This calculator estimates the tax savings from donating some shares and selling the rest.

Where do you live?

Alberta

Taxable income (maximum value $1,000,000)

100,000

Taxable Income
Enter the taxable income amount from line 260 of your personal income tax return. This calculator assumes your taxable income is the same as net income (line 234).

Proceeds (total value of shares) (maximum value $1,000,000)

20,000

Input Error: Proceeds
Enter an amount between $200 and $75,000, the maximum allowable amount.

Adjusted cost base (maximum value $1,000,000)

10,000

Donate to charity (maximum value )

10,000

Input Error: Donate to Charity
Enter an amount between $200 and $75,000, the maximum allowable amount.

Sell for personal use

10,000

Donation Credit Calculation

PDF

Assumptions

Disclaimer

Donate Some Shares, Sell Some

This calculator estimates the tax savings from donating some shares and selling the rest.

There is no capital gains tax on donations of publicly listed securities gifted to charities.

You can benefit from this provision by donating some of your holdings to a charity and selling the remaining holdings for your own personal use.

The tax credit from the donation can be used to offset some or all of the tax owed on the sale for personal use.

Where do you live?
Taxable income	$10,000
Proceeds	$20,000
Adjusted cost base
Donate to charity
Personal use

Donate Some Shares, Sell Some

Assumptions

Disclaimer