IRA QCD Limits

Gene Morin

Junior Member

Join Date: Oct 2015

Posts: 2
#1

IRA QCD Limits

12-22-2016, 12:44 PM

RE page 4-19 of Taxbook.
Scenario: An 75 year old person has his Traditional IRA broker send $10,000 directly to his church. His RMD for the year is $3,000. The $10,000 would be normally taxable income. Is the potentially QCD limited to the RMD of $3,000 or can the entire $10,000 be taken as a QCD?
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kathyc2

Senior Member

Join Date: Feb 2015

Posts: 1891
#2

12-22-2016, 01:21 PM

Originally posted by Gene Morin View Post

RE page 4-19 of Taxbook.
Scenario: An 75 year old person has his Traditional IRA broker send $10,000 directly to his church. His RMD for the year is $3,000. The $10,000 would be normally taxable income. Is the potentially QCD limited to the RMD of $3,000 or can the entire $10,000 be taken as a QCD?

Entire 10K would qualify.
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