

Mountain Lakes Church relies on your prayers and financial support in order to accomplish our mission of leading people into a growing relationship with Jesus Christ. Thank you for supporting our mission and our church.
There are significant tax advantages in giving appreciated stock held for more than one year. The donor may take the full fair market value of the stock gift as a charitable deduction on his or her income taxes and neither the donor nor the church has to pay the long-term capital gains tax, which is 15% of the net appreciation of the stock.
The maximum deduction you may take within a given tax year is 30 percent of your adjusted gross income. If you are unable to take the entire deduction in one year, you may carry the excess deduction forward for five additional years. The long-term capital gains tax rate is reduced to 5% for those in the 10 percent tax bracket.