Charitable Contr of IRA distributions

[KenB]

I have a client who wants to contribute some of his IRA money directly to his church from his IRA for 2007 (would reduce taxable amount of SS), but there is some wording in the The Tax Book that bothers me.

In TTB page 4-19, 1st column, 5th paragraph and last sentence it says, "In each example, it is assumed that the requirements for qualified charitable distribtution treatment are otherwise met (e.g., the applicable age requirement and the requirement that contributions are otherwise deductible) and that no other IRA distributions occur during the year."

If I am reading this correctly, then client cannot take money out of his IRA above and beyond the charitable distributions??? What about wife taking out of her IRA?

I cannot find any backup for that within IRS publications?

Thanks for any help, Ken

[Jiggers]

Charitable contribution from IRA

It is my understanding that the taxpayer MUST be 70½ or older and that the funds must be transferred from the IRA trustee to the charitable organization. The taxpayer cannot get the funds and then forward them himself.

[KenB]

Agreed.

What if he wants $5,000 directly sent to charity and then wants another $5,000 to keep for himself, can he do that? according to TTB on above reference he cannot???

[KenB]

Once again have posted a question on this board and get no help, except some flippant answer from a person named Jiggers. So will not be using this board again in the future, unsure if will get TTB again next year either, especially since cannot find anything in IRS code to back up this question. Thanks for again not helping me.

[KenB]

Please rate me gone. Goodbye TTB and hello again to Quickbooks!!