8082 / What are the tax consequences when an individual transfers stock to a charitable remainder trust?

The Service has privately ruled that a taxpayer would not recognize gain or loss as a result of transferring stock from a qualified plan to a charitable remainder unitrust upon his separation from service. Furthermore, the taxpayer would receive an income tax charitable deduction, subject to the income percentage limits, for the contribution of the stock to the CRUT in an amount equal to the fair market value of the stock at the time of the transfer less the value of the taxpayer’s remainder unitrust interest.¹

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1.See Let. Ruls. 200215032, 200202078, 200038050, 199919039.

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