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Gifted Stock Carries Your Cost Basis – Give It to Someone in the 0% Bracket

Source: Money Crashers · Nov 05, 2026 00:20 UTC

The Quick Take

To give stock, transfer the shares to the recipient’s brokerage account or a child’s custodial account. Your cost basis, what you paid, goes with them, so the recipient owes tax on your gain when they sell. Give appreciated shares to someone whose low income means 0% tax on long-term gains, and sell losing shares yourself to deduct the loss. Source

Read the full story at Money Crashers →

Ground Level News aggregates headlines from public feeds. This page shows a short summary only; the full article and all rights belong to Money Crashers.

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