Submitted By: someone
Answered: September 14, 2015 12:24 pm

Many readers asked whether the rule allowing a tax-free $100,000 direct transfer from IRAs to public charities was extended for 2015.

Not yet. The more than four dozen tax rules that expired at the end of 2014 have yet to be extended for 2015. Stay tuned!

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Tax Glossary

Appreciation in value

Increase in value of property due to market conditions. When you sell appreciated property, you pay tax on the appreciation since the date of purchase. When you donate appreciated property held long term, you may generally deduct the appreciated value.

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