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    Charitable Remainder Trust

    Does anybody know if the 1040 schedule A deduction is a 50% or 30% when you do a charitable remainder trust.?

    I would think they would put in highly apprecaited stock into the CRT.

    Thanks.

    #2
    Charitable Remainder Trust

    The way I read the rules; if the asset contributed is cash, then you may deduct up to 50% of your AGI.
    If the asset contributed is long-term appreciated property, then you may deduct up to 30% of your AGI.

    Gene

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