True Cost Estimator

IN State - Tax Credit Estimator

Use this calculator to estimate the out-of-pocket cost (or true cost) of an SGO donation to the Indiana State Tax credit program after credits and deductions. 

Please consult a tax professional for a precise calculation.





Appreciated Shares

The cost basis of stock is determined by what you originally paid for the shares plus any brokerage fees. Feel free to estimate your cost basis. If you would like a more exact number we encourage you to login to your brokerage account or speak with your broker to determine the cost basis of your appreciated shares. Giving your most appreciated stock will allow you to maximize your savings and the impact of the gift.

Your capital gains rate is determined by your taxable income. Select the rate that best applies to your AGI.

The cost of your gift could be about 16-17% of the donation amount.
NOTE: 
The way that you claim a deduction on Schedule A varies depending on your total amount of SALT deductions. Please contact your tax advisor for more information.

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