Issue link: https://viewer.e-digitaledition.com/i/955128
SOME OF THE DO'S AND DON'TS OF ENSuRING THAT DONATIONS ARE TA x- DEDuCTIBLE ARE WELL- KNOWN: GIVE TO QuALIF YING TA x-E xEMPT GROuPS THAT ARE ORGANIZED E xCLuSIVELY AROuND RELIGIOuS, EDuCATIONAL AND SOME OTHER SPECIFIC PuRPOSES, BuT AVOID DONATING TO ORGANIZ ATIONS INVOLVED IN POLITICAL ACTIVISM. STR ATEGIES FOR GETTING the biggest ta x ba ng for the bucks donated may be less obvious. Woodbury, New York-based Physician Fi na ncia l Ser v ices notes severa l on its website: + I f t he v a lue of t he g i f t i s g r eat er t h a n how muc h you a r e i n it i a l ly permitted to deduct for it, you have up to f ive yea rs to ca rr y for wa rd the excess a mount. + W h i le t here a re some l i m it s , you may be able to ta ke a n i ncome ta x deduction for prem iu ms pa id on a life insura nce policy if you ma ke the charitable organization the owner and benefi ciary of the policy. + You m i g ht b e a ble t o avoid s ome c a pit a l g a i n s t a x e s b y m a k i n g a cha ritable donation of cer tain highly appreciated assets, including stocks. A s with desig nating a cha rit y as the benef iciar y of a life insurance policy, donations of these a ssets may u lti- mately a l low you to ma ke a la rger contribution tha n you would other- wise be able to ma ke in your current f ina ncia l circumsta nces. n OPTIMIZING BY STEVE BARRETT the Tax Benefit of Charitable Giving CORE RESPONSIBILITIES RELATED TO FAMILY AND WORK ARE A SIGNIFICANT FACTOR IN WHY FEMALE INTERNS REPORT A HIGHER INCIDENCE OF DEPRESSION SYMPTOMS THAN THEIR MALE COuNTERPARTS DO, ACCORDING TO A STuDY BY RESEARCHERS AT THE MEDICAL uNIVERSITY OF SOuTH CAROLINA (MuSC) AND THE uNIVERSITY OF MICHIGAN. AMONG INTERNS EXPERIENCING DEPRESSION BY STEVE BARRETT " WE DON'T SEE a gender dif ference i n d e p r e s s i o n b e f o r e t h e s t a r t o f internship yea r or a f ter inter nship," Con n ie Gu i l le, A ssociat e P rofessor in the Depa r tment of Psychiatr y a nd Behaviora l Sciences at MUSC, sa id in a news release. "It 's during internship yea r t hat we see t hat women have a g reater risk for depression." T h e s t u d y r e c r u i t e d m o r e than 3,000 interns from across numer- ous specialties. The conf lict between the duties of an intern and his or her home responsibili- ties ca n lead to depression a mong both men and women, Guille notes. However, depression is a lready more com mon a mong women tha n a mong men in the genera l population, and researchers cite the predisposition of some women to put the needs of others a head of their own a s a n additiona l factor that may help expla in fema le interns' compa ratively higher incidence of depression. More interventions are necessary to address depression among interns of both genders, Guille says. T he f i nd i n g s appea red i n JA M A Internal Medicine. n M D N E W S . C O M /// M D N E W S L O W E R H u D S O N / B R O N x ■ 2 018 0 5 F I N A N C E ❰❰❰❰❰ 0 5