The recipient typically inherits your "cost basis" (the original price paid), which determines their capital gains tax if they sell later.
They enter the code to receive the stock at the current market value.
🚀 Check out the Stockpile app or visit a local Target to find a physical card today.
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Traditional stock gifting often requires complex brokerage transfers or sensitive personal data like Social Security numbers. Stock gift cards simplify this by:
How To Buy Stock As A Gift (in about 3 mins) - SeedTime Money