The Vegetarian Resource Group Blog


Posted on December 28, 2016 by The VRG Blog Editor

According to the IRS, generally, a qualified charitable distribution is
an otherwise taxable distribution from an IRA (other than an ongoing SEP
or SIMPLE IRA) owned by an individual who is age 70½ or over that is
paid DIRECTLY from the IRA to a qualified charity. See Pub. 590-B,
Distributions from Individual Retirement Arrangements (IRAs)) for
additional information or visit

Your qualified charitable distributions can satisfy all or part of the
amount of your required minimum distribution from your IRA. For example,
if your 2014 required minimum distribution was $10,000, and you made a
$5,000 qualified charitable distribution for 2014, you would have had to
withdraw another $5,000 to satisfy your 2014 required minimum distribution.

This is not personal tax advice, for which you should speak to your tax
and/or legal advisor.

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