Video Tips: Make Tax-Free Charity Donations from Your IRA Required Minimum Distributions

Generally, individuals who are 70½ or older may make a Qualified Charitable Distribution (QCD) of up to $100,000 from their individual retirement account each year. And a QCD may count toward the required minimum distribution for the year.

Share this article...

Want tax & accounting tips and insights?

Sign up for our newsletter.

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .
Let Bookkeeping 24/7 relieve your tax & accounting stress today.
Merced-based Tax & Accounting Experts and Proud Partner of ADP.