Deductions & credits

@252056 no, but I would model it out as you may have assumed something that won't occur. 

 

For example,  assume the tax on the capital gains is $15,000 and you file Single.  If you are in the 22% tax bracket that would imply a charitable contribution of $68,000 to create a tax deduction that reduces taxes by $15,000.

 

Deductions do not reduce taxes dollar for dollar.  Only tax credits can do that.