Can I Do a Qualified Charitable Distribution From My IRA?

December 02, 2020

If you are age 70.5 or older, you may benefit from making a Qualified Charitable Distribution from your IRA (excluding Roth IRAs).  This is a popular way to support charities while reducing AGI.  However, the procedures to do so can be complicated. This flowchart will guide you through common issues pertaining to distribution rules such as age requirements, the reporting process, distribution limits and more.

Download the flowchart here.

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