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Wealthy donors stand to win double tax benefit if 'Trump Accounts' allow stock donations
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- The move would mean a notable change to the program, which currently requires contributions to be made in cash.
- The structure already comes with tax benefits: Donors can use pre-tax dollars for charitable contributions to benefit a qualified class of beneficiaries.
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A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.
With the Trump administration weighing whether to allow stock donations to "Trump Accounts" for American children, the potential expansion is raising questions about the legal path — and highlighting the powerful tax benefits — to doing so.
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